TIDMIPX
RNS Number : 2573T
Impax Asset Management Group plc
16 March 2023
Impax Asset Management Group plc
("Impax" or the "Company")
Directorate Changes
Impax, the AIM listed specialist investor focused on a more
sustainable economy, is pleased to announce the appointment of
Karen Cockburn as Executive Director on the Impax Board, effective
today, following the conclusion of the Company's Annual General
Meeting.
Karen Cockburn was appointed as Impax's Chief Financial Officer
with effect from January 2023. In this role, Karen leads the
Company's Finance function, including Investor Relations, has
oversight of Governance arrangements and the Legal function, and is
a member of Impax's Executive Committee, contributing to commercial
and strategic business matters.
Karen is a qualified Chartered Accountant with over 25 years'
financial and operational experience in financial services. Before
joining Impax, Karen was Transformation CFO at Virgin Money plc,
focused on the integration of Virgin Money and Clydesdale Banking
Group. Previously, she spent nine years at Aegon in various
strategy, transformation and finance leadership roles, latterly as
Chief Financial Officer of Cofunds. Having qualified with KPMG, she
spent her early career with GE Capital and Lloyds Banking Group.
Karen is also a founder and board member of a digital start-up,
Legado Technologies Ltd. Karen is a fellow of the Irish Institute
of Chartered Accountants and holds a BSc and MSc in Accounting and
Finance from Queen's University, Belfast.
Karen becomes the second Executive Director on the Impax Board,
along with Impax Chief Executive, Ian Simm.
The resignation of Non-Executive Director, Vince O'Brien, who
previously notified the Board of his intention to retire after 13
years with Impax, became effective at today's AGM.
Sally Bridgeland, Chair, said: "I am delighted to welcome Karen
as an Executive Director. She is a highly experienced professional,
whose background in finance, technology and operations will be a
tremendous asset to the Impax Board. I would also like to thank
Vince personally for his commitment and considerable contribution
to Impax over the years. "
During the five years immediately preceding the date of this
announcement, Karen Josephine Cockburn (née McCambridge), who is 54
years old, held the following directorships:
Current
Legado Technologies Limited
Impax Asset Management Limited
Impax Asset Management (AIFM) Limited
Impax Asset Management LLC
Previous
Lochside Nominees Limited
Andrews Nominees Limited
Witham Institutional Nominee Limited
Victoria Nominees Limited
Cofunds Nominees Limited
Cofunds Limited
Cofunds Leasing Limited
Dorset Nominees Limited
Minster Nominees Limited
Aegon Investment Solutions Limited
There is no further information to be disclosed pursuant to
Schedule Two Part (g) of the AIM Rules for Companies.
LEI number: 213800AJDNW4S2B7E680
- Ends -
Enquiries:
Impax Asset Management Group
plc
Ian Simm, Chief Executive
Paul French, Head of Corporate
Communications +44 (0)20 3912 3000
p.french@impaxam.com +44 (0)20 3912 3032
Montfort Communications
Gay Collins
Jack Roddan +44 (0)77 9862 6282
impax@montfort.london +44 (0)7825 670695
Peel Hunt LLP, Nominated
Adviser and Joint Broker
Paul Shackleton or John Welch +44 (0)20 7418 8900
Berenberg, Joint Broker
Gillian Martin +44 (0)20 3207 7800
Notes to Editors - About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with
GBP40.4bn / US$48.6bn as of 28 February 2023 in both listed and
private markets strategies, investing in the opportunities arising
from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by
global sustainability challenges, including climate change,
pollution and essential investments in human capital,
infrastructure and resource efficiency. These trends will drive
growth for well-positioned companies and create risks for those
unable or unwilling to adapt.
The company seeks to invest in higher quality companies with
strong business models that demonstrate sound management of risk.
Impax offers a well-rounded suite of investment solutions spanning
multiple asset classes seeking superior risk-adjusted returns over
the medium to long term.
Impax has approximately 300 employees across its offices in the
United Kingdom, the United States, Ireland and Hong Kong, making it
one of the investment management sector's largest investment teams
dedicated to sustainable development.
For more information: www.impaxam.com
Issued in the UK by Impax Asset Management Group plc, whose
shares are quoted on the Alternative Investment Market of the
London Stock Exchange. Impax Asset Management Group plc is
registered in England & Wales, number 03262305. AUM relates to
Impax Asset Management Limited, Impax Asset Management (AIFM)
Limited, Impax Asset Management Ireland Limited and Impax Asset
Management LLC. Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the
Financial Conduct Authority and are wholly owned subsidiaries of
Impax Asset Management Group plc. Please note that the information
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END
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