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LONDON - Jardine Matheson Holdings (OTC:JMHLY) Limited announced today that Michael Wu has resigned from his position as a Director of the company, effective immediately. Concurrently, the company has appointed Tim Wise (LON:WISEa) as an Independent (LON:IOG) Non-executive Director and member of the Audit Committee.
Tim Wise, a partner at Simon Robertson Associates since 2017, brings a wealth of experience in corporate finance and investment advisory services. His notable career includes a tenure as Chairman of J.P. Morgan Cazenove from 2011 to 2016 and various senior roles at the firm. Prior to that, Wise held senior investment banking positions at Kleinwort Benson.
Ben Keswick, Executive Chairman of Jardine Matheson, expressed gratitude to Michael Wu for his decade of service and contributions to the company’s success. Keswick also welcomed Wise, anticipating that his expertise in corporate finance will significantly contribute to the group’s future growth.
The Board changes, including the appointment of Wise and the departure of Wu, took effect today, as stated in the company’s press release. These moves come as part of the ongoing evolution of the company’s governance and oversight.
Jardine Matheson Holdings Limited, listed on the London Stock Exchange (LON:LSEG), is a diversified business group with a broad portfolio of market-leading businesses. The company’s operations span various sectors, including property investment and development, retailing, luxury hotels, motor vehicles, engineering and construction, as well as transport services and insurance broking.
This corporate update is based on a press release statement from Jardine Matheson Holdings Limited, with additional information available at www.jardines.com.
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