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RNS Number:6971Z
Ashmore Group PLC
05 July 2007
RNS announcement
Directorate Change
Ashmore Group plc announces that Jim Pettigrew, Chief Operating and Financial
Officer, will be leaving the company to take up the appointment of Chief
Executive Officer of CMC Markets plc where he is currently a non-executive
director. Jim will continue to fulfil all responsibilities in his current role
until such time as a successor has been identified and after an appropriate
handover period. The search for his replacement is underway.
Mark Coombs, Ashmore's Chief Executive Officer, commented "Over the last year
Jim has helped us to develop robust plc disciplines which provide a solid
foundation supporting the continued growth of the business. The opportunity at
CMC was unexpected and we quite understand the attraction of this role for Jim
and would like to thank him for his contribution to the business and wish him
every success in the future."
Notes
Ashmore will announce its quarterly AuM statement in respect of the fourth
quarter 2007 at 07.00 hours on 17th July 2007. Preliminary results will be
announced at 07.00 hours on 12th September 2007 and there will be a presentation
for analysts and investors on that date, further details to be announced nearer
the time.
For further information, please contact:
Ashmore Group plc +44 20 7557 4100
Jim Pettigrew +44 20 7557 4157
Penrose Financial +44 20 7786 4888
Gay Collins +44 7798 626 282 [email protected]
This information is provided by RNS
The company news service from the London Stock Exchange
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