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LONDON - Ashmore Group plc (LSE:LON:ASHM) announced Monday that Anna Sweeney will join its Board as a Non-Executive Director effective August 1, 2025, as Shirley Garrood prepares to step down at the end of her current term on July 31.
Sweeney, who has an extensive background in banking and insurance regulation, will also succeed Garrood as Chair of the Audit and Risk Committee, subject to regulatory approval from the Financial Conduct Authority.
The company stated that Sweeney brings "a deep understanding of risk management, governance and business models across financial services" to the role. The Board has determined that Sweeney will be considered independent upon her appointment.
Following these changes, Ashmore’s Board committee structure will be reorganized effective August 1. The Audit and Risk Committee will be chaired by Sweeney, with Jennifer Bingham and Thuy Dam serving as members. Bingham will continue to chair the Remuneration Committee, while Clive Adamson remains Chair of the Nominations Committee.
Ashmore Group, a specialist emerging markets asset manager, made the announcement in a press release statement, noting that the Board "would like to thank Shirley for her valued contribution to the Board and specifically to the Audit and Risk Committee."
The company confirmed there are no additional details required to be disclosed pursuant to Listing Rule 6.4.8 regarding Sweeney’s appointment.
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