17 January 2014
STM Group PLC (AIM:STM), the multi jurisdictional financial services group, is pleased to announce the appointment of Therese Neish to the Board of STM as Chief Financial Officer with immediate effect.
Ms Neish trained with KPMG where she qualified as a Chartered Certified Accountant in 2003, having previously studied BA (Hons) Accountancy & Financial Studies at Exeter University. Joining STM in 2003, Ms Neish spent 5 years in the Insurance Management division of the Group prior to becoming Group Financial Controller.
Alan Kentish, formerly CFO and recently appointed to the post of Director of Product and Business Development, will focus on driving STM's suite of proprietary products and the Group revenue line as STM continues to expand its product propositions in the international financial services markets.
Commenting on the appointment, Colin Porter, CEO of STM, said:
"Therese has worked with the senior management team at STM for 10 years and knows the business very well. We are confident that she will be a great asset to the Board of STM.
"The Board would like to thank Alan for his guidance as CFO and looks forward to his contribution in further shaping STM's product offering in markets where the current product choice does not meet customer requirements. STM's proactive approach has been well received by advisers."
The following information in relation to Ms. Neish is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies.
Full name: Therese Gemma Neish
|Current Directorships and Partnerships||Directorships and Partnerships held in the last five years|
|The Aldgate Insurance Company Ltd|
|Rocksure Holdings Ltd|
|Engage Mutual Insurance Ltd|
The Aldgate Insurance Company Ltd ceased effecting new insurance contracts in February 2007. The Company managed its run off until October 2009 when the directors appointed a liquidator.
Engage Mutual Insurance Ltd was voluntarily liquidated on 21 July 2012.
There are no other matters which are required to be announced pursuant to Schedule 2(g) of the AIM Rules for Companies.
For further information, please contact:
|STM Group PLC||www.stmgroupplc.com|
|Colin Porter, Chief Executive Officer||Tel: + 350 200 42686|
|Alan Kentish, Director of Business and Product Development||Tel: + 350 200 78614|
|Therese Neish, Chief Financial Officer||Tel: 00 350 200 78614|
|Charlotte Stranner / Christopher Raggett - Corporate Finance||Tel: +44 (0) 20 7220 0500|
|Simon Starr - Corporate Broking|
|Tom Cooper / Paul Vann||Tel: +44 (0) 117 985 8989|
|Mob: +44 (0) 797 122 1972|
Notes to editors:
STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.
Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.
STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.
Further information on STM Group can be found at www.stmgroupplc.com