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InvestAcc Group Limited announced the appointment of Vinoy Nursiah as Chief Financial Officer and Executive Director, effective by the end of H1 2025. Concurrently, James Pearce stepped down from his position as CFO, effective immediately.
| Date | 20 Dec 2024 |
| Time | 07:00:09 |
| Category | Board changes |
| ID | 8443Q |
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
LEI: 2549008KZ7HM27V4O637
This announcement contains inside information
InvestAcc Group Limited
(the "Company" or "InvestAcc" or, together with its subsidiaries the "Group")
Board Changes
InvestAcc is delighted to announce the appointment of Vinoy Nursiah as Chief Financial Officer ("CFO") and an Executive Director, to be effective by the end of H1 2025. This key appointment comes following the successful completion of our acquisition of InvestAcc Holdings Limited as announced on 9 October 2024.
Vinoy brings a wealth of experience to the role, with a proven track record of driving financial performance, operational excellence, and strategic transformation. He will be instrumental in supporting InvestAcc's ambitious growth through both organic growth and further M&A.
As CFO, Vinoy will assume responsibility for the Group's overall financial strategy, performance, and reporting. Working alongside the rest of the Board, he will play a pivotal role in shaping and delivering the Group's strategic objectives, ensuring our financial strength and operational agility.
The Company also announces that James Pearce has stepped down from his position as CFO effective immediately.
Mark Hodges, Chairman, said: "We are looking forward to welcoming Vinoy to the team at such an exciting time in our journey as we continue to execute our strategy to become the UK's leading specialist pensions administrator, serving both business customers including wealth managers and financial advisers and direct clients. His extensive experience and strategic insight make him ideally suited to drive forward our financial performance and deliver on our ambitious growth plans.
The Board would like to thank James for his contribution to the business since his appointment earlier this year".
A further announcement will be made in due course in relation to the effective date of Vinoy's appointment.
Enquiries:
InvestAcc Group
Antoinette Vanderpuije, Company Secretary - 020 7004 2700
Kam Bansil, IR 020 7039 1901
FGS Global - PR Adviser
Rollo Head 07768 994 987
Chris Sibbald 07855 955 531
Panmure Liberum Limited (Corporate Broker) - + 44 (0) 203 100 2000
Chris Clarke / Ed Thomas / Anake Singh
Zeus Capital Limited (Corporate Broker) - + 44 (0) 207 220 1666
Harry Ansell / Katy Mitchell
Notes
Vinoy Nursiah (aged 51 years) currently holds or has held the following directorships in the past five years:
Current Directorships
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Iboss Asset Management Limited |
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KW Investment Management Limited |
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KW Wealth Planning Limited |
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NHA Financial Services Limited |
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Sterling Trust Professional (North East) Limited |
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Sterling Trust Professional (York) Limited |
|
JFP Financial Services Limited |
|
Vincent & Co Financial Ltd |
|
Strategic Asset Managers Limited |
|
Money Matters (North East) Limited |
|
Joseph R. Lamb Independent Financial Advisers Limited |
|
JCH Investment Management Limited |
|
Barry Fleming And Partners (Tax, Trusts And Investment Planning) Limited |
|
Allots Financial Services Ltd |
|
Casson Beckman Wealth Management Limited |
|
Aim Wealth Holdings Limited |
|
Aim Independent Limited |
|
Eurosure Limited |
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Employee Benefits Solutions Limited |
|
Measured Value Ltd
|
Past Directorships
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Canada Square Funding 2019-1 Holdings Limited |
|
Canada Square Funding 2019-1 Plc |
|
London Cards No.1 Plc |
|
London Cards Holdings Limited |
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Chester A Holding Ltd |
|
Csc Directors (No. 1) Limited |
|
Cheshire 2020-1 Holdings Limited |
|
Cheshire 2020-1 Plc |
|
Avon Finance No.2 Plc |
|
Avon Finance No.2 Holdings Limited |
|
Chester B2 Ltd |
|
Chester B1 Issuer Plc |
|
Chester B1 Holdings Limited |
|
Pimlico Spv Limited |
|
Jupiter Mortgage No.1 Holdings Limited |
|
Stratton Mortgage Funding 2021-2 Plc |
|
Stratton Mortgage Funding 2021-2 Holdings Limited |
|
Jupiter Mortgage No.1 Plc |
|
Westbourne Park Holdings Limited |
|
Magenta 2020 Holdings Limited |
|
Magenta 2020 Plc |
|
SJP Partner Loans No. 1 Limited |
|
Cold Finance Holdco Limited |
|
Canada Square Funding 7 Plc |
|
Canada Square Funding 6 Plc |
|
Canada Square Funding 6 Holdings Limited |
|
Canada Square Funding 2021-2 Plc |
|
Canada Square Funding 7 Holdings Limited |
|
Canada Square Funding 2021-2 Holdings Limited |
|
Canada Square Funding 2020-1 Holdings Limited |
|
Zephyr Funding Limited |
|
Canada Square Funding 2020-2 Holdings Limited |
|
Westbourne 7 Limited |
|
Belmont Green Funding 5 Limited |
|
Belmont Green Funding 7 Limited |
|
Canada Square Funding 2020-1 Plc |
|
Canada Square Funding 2020-2 Plc |
|
Corinium Funding Limited |
|
Canada Square Funding 2021-1 Plc |
|
Canada Square Funding 2021-1 Holdings Limited |
|
Hart Funding Ltd |
|
Belmont Green Funding 6 Limited |
|
Jupiter Mortgage Limited |
|
Westbourne 2016 - 1 Wr Limited |
|
Westbourne 6 Plc |
|
Cold Finance Plc |
|
Chester B1 Ltd |
|
Cornhill Mortgages No.3 Limited |
|
Cornhill Mortgages No.1 Limited |
|
Silk Road Finance Number Four Plc |
|
Silk Road Holdco Number Four Limited |
Vinoy was a director of the following special purpose vehicles, all of which were placed into liquidation at the end of their life cycle
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There are no further details to be disclosed under UKLR 6.4.8 (if such provision were applicable to companies whose shares are admitted to the equity shares (transition) category of the Official List) in respect of the appointment of Vinoy Nursiah.