Intermediate Capital Group plc: Change of management | 16.09.24

Intermediate Capital Group plc (the “Company” or “ICG”) – Change of Management

The Board of ICG announces that Sonia Baxendale has been appointed as a Non-Executive Director of the company. She will join the Board on 1 January 2025 and will also sit on the Risk and Audit Committees.

Sonia currently holds a number of positions, including President and CEO of the Global Risk Institute in Canada. She spent the majority of her executive career at CIBC and has extensive executive and non-executive experience in the financial services industry in North America and the United Kingdom.

William Rucker, Chairman of ICG, said: “We are delighted to strengthen our Board of Directors with the appointment of Sonia. Her broad experience, expertise and perspective across a range of important areas will enhance our diversity of backgrounds and thinking and will be a great asset to ICG as we continue to execute our strategy. I look forward to her joining us.”

Other appointments and other relevant information relating to Sonia Baxendale are set out below. No other information is required to be disclosed pursuant to LR 9.6.13R of the Financial Conduct Authority’s Listing Rules.

Ends

Contacts

Chris Hunt
Shareholder Relations, ICG plc
+44 (0) 20 3545 2020

Andre Lewis
Company Secretary, ICG plc
+44 (0) 20 3545 1344

Fiona Laffan
Corporate Affairs, ICG PLC
+44 (0) 20 3545 1510

Notes:

Appointments of committees

Sonia Baxendale will become a member of the Audit Committee and the Risk Committee from the date of her appointment as member of the Board of Directors.

Interests in shares

On the date of this announcement, Sonia Baxendale and her affiliates do not own any shares in the Company.

Selected other roles:

President and CEO, Global Risk Institute (not for profit)

Director, Definition Financial Corporation

Director, Laurentian Bank

Director, Butterfield Bank (Bermuda)

Director, Foresters Financial (term ends June 2025)

Selected Former Roles

Non-Executive Director, RSA Insurance Group plc

Chairman, CIBC Retail Market

Chairman of the Board of the SickKids Foundation

Member of the Supervisory Board of the Hospital for Sick Children