BofA update shows where active managers are putting money
LONDON - Close Brothers Group plc (LSE:CBG) has appointed Fiona McCarthy as an executive member of its Board of Directors, effective August 29, 2025, according to a company statement.
McCarthy, who was appointed as Chief Finance Officer in January 2025 following Mike Morgan’s elevation to Group Chief Executive, will retain her existing responsibilities while taking on the new board role. She also serves on the Group Executive Committee.
Since joining Close Brothers in 2019 as Financial Planning and Analysis Director, McCarthy has accumulated over 30 years of experience in financial services across retail, commercial, corporate, and investment banking sectors. Her previous roles include senior finance positions at UBS and Natwest, most recently serving as interim Chief Finance Officer for UBS’s global investment bank.
Mike Biggs, Chair of Close Brothers, stated that McCarthy "brings extensive experience and deep knowledge of the organisation" and that her appointment "ensures strong continuity in the group’s leadership team."
Close Brothers is a UK merchant banking group providing lending, deposit taking, and securities trading services. The company employs approximately 3,000 people primarily in the United Kingdom and Ireland and is listed on the London Stock Exchange as a constituent of the FTSE 250.
The announcement was made in a regulatory filing to the London Stock Exchange.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.