Intermediate Capital Group plc Announces Board Change

Source: www.gulfoilandgas.com 11/17/2022, Location: Europe

The Board of ICG announces that William Rucker has been appointed as a Non-Executive Director and Chair of the Company.

Mr Rucker will join the Board on 31 January 2023 and will succeed Andrew Sykes who has acted as interim Chair since March 2022. Mr Sykes will continue to serve as a Non-Executive Director of the Company, and will return to his role as Senior Independent Director.

William Rucker is currently Chairman of Lazard in the UK, an investment bank focused on asset management and financial advisory businesses, which he joined in 1987 from Arthur Andersen where he qualified as a Chartered Accountant.

He has extensive experience in the financial services sector as well as wide-ranging governance experience having served on, and been Chairman of, the boards of a number of significant listed companies, charities and other bodies.

Andrew Sykes said: "We are delighted that William has agreed to join the Board at such an important moment in ICG’s development. The breadth of his experience within financial services will be of great benefit to the company and I look forward to working with him.”

William Rucker said: “It is an honour to have been asked to chair the Board of ICG, a preeminent global alternative asset manager whose development and growth I have watched and admired over many years. I look forward to working with the Board and with management to support the company and its shareholders as it continues to execute its successful growth strategy.”

Mr Rucker’s other appointments are listed below and no other information is required to be disclosed pursuant to LR 9.6.13R of the Listing Rules of the Financial Conduct Authority.


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