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LONDON - Phoenix Group Holdings plc (LSE:PHNX) announced several changes to its board structure on Monday, including the retirement of Independent Non-Executive Director Belinda Richards after nearly eight years of service.
Karin Cook will join the Group Board as an Independent Non-Executive Director effective August 25, 2025. Cook, who currently serves as an Independent Non-Executive Director of the Group’s Life Companies Boards, brings over thirty years of customer-focused, digital, operational and transformation experience from previous leadership roles at organizations including Quilter plc, Lloyds Banking Group, HSBC, Morgan Stanley and Goldman Sachs.
The company also announced that Mark Gregory, Group Independent Non-Executive Director and Chair of the Group Board Risk Committee, will take on additional responsibilities as an Independent Non-Executive Director of the Group’s Life Companies Boards.
Eleanor Bucks, Group Independent Non-Executive Director, will join the Group Audit Committee, while David Scott, Group Shareholder Nominated Non-Executive Director by Aberdeen Group plc, will retire from the Board on August 31, 2025.
Siobhan Boylan, Chief Financial Officer of Aberdeen, will replace Scott effective September 1, 2025. Boylan brings executive experience from her current role and previous positions as CFO of Coutts & Co and Brewin Dolphin.
Sir Nicholas Lyons, Chair of Phoenix, thanked Richards for her "commitment, challenge and outstanding contribution to the Group" and welcomed the new appointments, noting they would increase "interaction and connectivity" between the Group and Life Companies’ Boards.
The announcement was made pursuant to Listing Rules 6.4.6 and 6.4.8, according to the company’s press release statement.
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