Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/new-model-adviser/article/a635777
Partnership appoints LSE’s Gibson-Smith as chairman
by William Robins on Nov 20, 2012 at 10:48
Annuity provider Partnership has appointed London Stock Exchange Group (LSE) chairman Chris Gibson-Smith to its board as chairman designate.
Gibson-Smith has been LSE chairman since 2003 and is also chairman of property group British Land, where he has sat on the board for 10 years. He will replace Ian Owen who will retire having served two successive four year terms since the formation of the company in 2005.
Steve Groves, chief executive of Partnership said: ‘I am delighted to welcome Chris as the future chairman of Partnership. His extensive experience as a highly respected chairman of world class businesses will be of enormous value to the company during our next period of growth.’
Partnership, a provider of enhanced and long-term care annuities, is backed by private equity firm Cinven.
Partnership said Gibson-Smith would take over following a suitable hand over period and receipt of the necessary Financial Services Authority approval. Owen will remain on the board as a non-executive director.
Owen said: ‘I look forward to working closely with Chris as I continue to serve on the board in an active role, helping the company raise our profile with government and other key influencers, particularly in relation to the social care agenda.’
News sponsored by:
Today's top headlines
Challenged by growing risk aversion?
Challenging financial markets over recent years have resulted in growing risk aversion among British savers and led many to seek safety in cash. Click here for more.
More about this article:
More from us
- Aegon to delist from London Stock Exchange
- Partnership calls for local gov’t IFA referrals in care Bill
by Himanshu Singh on Dec 08, 2013 at 05:41