Business
Proposed Directors And Further Board Updates
Proposed Directors And Further Board Updates.
About this update from Burford Capital Limited
[{"type":"text","content":"\n \n \n RNS Number : 2755E\n Burford Capital Limited\n 27 February 2020\n \n \n \n \n \n \n \n \n \n \n 27 February 2020\n \n \n \n \n \n \n \n \n BURFORD CAPITAL ANNOUNCES PROPOSED DIRECTORS AND FURTHER BOARD UPDATES\n \n \n \n \n \n Burford Capital Limited (\"Burford Capital\" or \"Burford\" or \"the Company\"), the leading global finance and investment management firm focused on law, today provides a further update on its plans with respect to its Board composition\n .\n \n \n \n \n \n New director appointments\n \n \n \n \n \n Burford intends to propose the election of the following three new directors for shareholder consideration at its forthcoming AGM on 13 May 2020, all of whom have agreed to serve. If elected, the new directors would join the Board immediately. As previously disclosed, David Lowe will be retiring from the Board at the 2020 AGM.\n \n \n \n \n \n · \n Robert Gillespie (64) was most recently the Director General of the UK Takeover Panel. He had a lengthy career as an investment banker, spending more than 25 years at UBS and its predecessors in a range of senior positions including Vice Chairman; Chief Executive Officer, EMEA; and Joint Global Head of Investment Banking, while also serving on the Group Managing Board and the Management Committee for many years. Mr Gillespie started his career as a Chartered Accountant at Price Waterhouse. He is currently a director of Royal Bank of Scotland plc, NatWest Holdings Ltd and Ulster Bank Ltd and is the Chairman of Boat Race Company Ltd. Robert is also a Director of Social Finance Limited. He has previously served as a director of Citizens Financial Group and, with particular relevance to Burford's business, Ashurst LLP, the law firm, and as Chairman of Somerset House Trust and the Council of Durham University, from which he graduated with a degree in economics.\n \n \n \n \n \n · \n John Sievwright (65) is the former Chief Operating Officer - International of Merrill Lynch. Mr Sievwright had a 20-year career with Merrill Lynch with a range of global leadership positions, including Chief Operating Officer - Global Markets and Investment Banking; President and Chief Operating Officer, Merrill Lynch Japan; and Head of Global Futures and Options (during which ...