Close Brothers Group Plc
CBG:LN
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Overview
Company Profile
A specialist financial services group which makes loans, trades securities and provides advice and investment management solutions to a wide range of clients. Close Brothers was established in 1878 & today employs over 2,500 people, principally in the UK.
Classification
Financials
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Corporate
Board of Directors
Strone Macpherson
Chairman
Strone was appointed a director in March 2003, senior independent director in 2004, deputy chairman in 2006 and chairman in June 2008. He is chairman of the Nomination and Governance Committee. Strone is also chairman of British Empire Securities and General Trust plc and a trustee of the King’s Fund. He was previously a director of Flemings, chairman of Tribal Group plc and of JP Morgan Smaller Companies Investment Trust plc, executive deputy chairman of Misys plc and a non-executive director of AXA UK plc and of Kleinwort Benson Private Bank Limited.
Preben Prebensen
Chief Executive
Preben was appointed to the board as chief executive in April 2009 when he joined Close Brothers. Preben previously spent his career in a number of senior positions at JP Morgan over 23 years, as well as being chief executive of Wellington Underwriting plc from 2004 to 2006, and then chief investment officer and a member of the group executive committee at Catlin Group Limited.
Elizabeth Lee
Group Head of Legal and Regulatory Affairs
Elizabeth was appointed a director in August 2012 with responsibility for legal and regulatory affairs. Elizabeth joined Close Brothers as general counsel in September 2009. She was previously with Lehman Brothers and General Electric’s financial services businesses.
Stephen Hodges
Managing Director and Banking Chief Executive
Stephen was appointed a director in August 1995 with responsibility for the Banking division and became managing director in November 2002. Stephen spent eight years at Hambros before joining the Banking division of Close Brothers in 1985.
Jonathan Howell
Finance Director
Jonathan was appointed to the board as finance director in February 2008 when he joined Close Brothers. Jonathan was previously finance director of London Stock Exchange Group plc from 1999. Prior to that he was at Price Waterhouse where he qualified as a chartered accountant. He is also a non-executive director of The Sage Group plc where he is chairman of the audit committee.
Geoffrey Howe
Senior Independent Director
Geoffrey was appointed a director in January 2011 and senior independent director in November 2014. Geoffrey is chairman of Jardine Lloyd Thompson Group plc. He was previously chairman of Railtrack plc and of Nationwide Building Society, a non-executive director of Investec plc and of JP Morgan Overseas Investment Trust plc, a director of Robert Fleming Holdings Limited and managing partner of Clifford Chance.
Bridget Macaskill
Independent Non-executive Director
Bridget was appointed a director in November 2013 and chairman of the Remuneration Committee in November 2014. Bridget is president and chief executive officer of First Eagle Investment Management LLC in New York City, a trustee of the TIAA-CREF funds and a non-executive director of Jupiter Fund Management plc. She was previously a non-executive director of Prudential plc, Scottish & Newcastle plc, J Sainsbury plc, Hillsdown Holdings plc and of the Federal National Mortgage Association in the US
Lesley Jones
Independent Non-executive Director
Lesley was appointed a director in December 2013 and is chairman of the Risk Committee. Lesley was group chief credit officer of Royal Bank of Scotland plc until January 2014. She has extensive banking experience, having previously held several line management positions within Citigroup. Lesley is also a non-executive director of Northern Bank Limited and N Brown Group plc
Oliver Corbett
Independent Non-executive Director
Oliver was appointed a director in June 2014 and is chairman of the Audit Committee. Oliver is chief financial officer of Hyperion Insurance Group Limited and was formerly finance director of LCH. Clearnet Group Limited and of Novae Group plc. He is a chartered accountant and previously worked for KPMG, SG Warburg, Phoenix Securities (later Donaldson Lufkin Jenrette) and Dresdner Kleinwort Wasserstein, where he was managing director of investment banking. He was also a non-executive director of Rathbone Brothers plc.