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LONDON - Pennon Group PLC (LSE:LON:PNN), the British water utility and waste management company, announced today the appointment of Andrea Blance as a Non-Executive Director and Chair of the Remuneration Committee, effective immediately.
Blance, who has a distinguished career in financial services, joins Pennon with a wealth of experience in risk and regulation. Her previous roles include Group Chief Risk Officer and Strategy & Marketing Director at Legal & General Group (LON:LGEN) plc, as well as several senior positions at Aviva plc (LON:AV), Hargreaves (LON:HRGV) Lansdown plc, Vanquis Banking Group plc, ReAssure plc, Scottish Widows plc, and Lloyds Banking Group (LON:LLOY) Insurance. Additionally, she serves on the Advisory Board of The Mentoring Foundation.
David Sproul, Chair of Pennon Group, expressed his anticipation for Blance's contribution to the company, highlighting her comprehensive regulatory expertise and commitment to customer service. "Her extensive regulatory experience and strong belief in the positive role that businesses should play delivering for customers and communities, and driving sustainable shareholder value, will be invaluable," Sproul stated.
Blance shared her enthusiasm about her new role, emphasizing her commitment to making a positive impact on the environment and society while delivering for customers and stakeholders.
The announcement confirms that there are no further details that need to be disclosed under the Listing Rule 9.6.13R concerning Blance's appointment. This move is part of the ongoing board changes at Pennon Group as it continues to strengthen its leadership team.
The information in this article is based on a press release statement from Pennon Group PLC.
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