Directorate Change

18 Jan 2007 07:00

Baydonhill PLC18 January 2007 Baydonhill PLC Wayne Mitchell appointed CEO of Baydonhill Baydonhill PLC, the AIM-listed financial services provider, today announces theappointment of Wayne Mitchell as Group Chief Executive Officer, following theresignation of Richard Collier with immediate effect. Wayne Mitchell began his career at Natwest and is an Associate of the Instituteof Bankers (ACIB). In 1987, he moved to Washington DC where he joined PetraBank as a treasury specialist. From Petra, Mitchell joined RueschInternational, a major international payment provider, as vice-president. AtRuesch, Wayne took over the New York Regional office as General Manager andsubsequently opened an office covering the Southern Region, based in Atlanta. In1994, he returned to the UK to establish an operation based in London, whichgrew to being the largest office within the Ruesch Group. Wayne Mitchell, Chief Executive Officer at Baydonhill, said: "I am delighted to be taking on the role of Chief Executive Officer at thisexciting time in Baydonhill's development. Our rebrand from The 4Less Group plchas been extremely well-received by customers and commentators alike, and I willbe looking to bring my experience in the corporate FX market to bear as wecontinue to develop the Group's offering in 2007". ends Note: Photography available on request, please contact mark@rostrumpr.com Further Information Wayne Steven Mitchell, aged 42, is not currently, or has not been in the pastfive years, a director or partner of any company or partnership. The contents of this announcement include the full disclosures required underSchedule 2, Para (g) of the AIM Rules. About Baydonhill plc Baydonhill plc is the only foreign exchange provider listed on AIM. The companyprovides an integrated service to private clients, IFAs and corporates. Groupservices include overseas mortgages, foreign exchange for one-off and regularmonthly payments as well as overseas buildings and contents insurance.www.baydonhill.com Contact Wayne Mitchell Chief Executive Officer (CEO) +44 (0)2075 940 515 Romil Patel Corporate Synergy Plc +44 (0) 2074 484 400 Mark Houlding Rostrum Communications mark@rostrumpr.com +44 (0)7773 782 520 This information is provided by RNS The company news service from the London Stock Exchange