Litigation Capital Management Ltd Appointment of Jonathan Moulds as Chairman (2303S)
March 07 2019 - 12:08PM
UK Regulatory
TIDMLIT
RNS Number : 2303S
Litigation Capital Management Ltd
07 March 2019
7 March 2019
Litigation Capital Management Limited
("LCM" or the "Company")
Appointment of Jonathan Moulds as Chairman
Litigation Capital Management Limited (AIM:LIT) (LCM), a leading
international provider of litigation financing solutions, today
announces that it has appointed Jonathan Moulds as Non-Executive
Chairman effective 29 March 2019.
This follows Jonathan's appointment to the Board as
Non-Executive Director of LCM in December 2018, when the Company
listed on AIM. Jonathan takes over the role of Chairman from David
King, who will remain on the Board as a Non-Executive Director.
Jonathan brings extensive experience in the financial services
industry. He was previously the Chief Operating Officer of Barclays
PLC. Prior to his role at Barclays, he was head of Bank of
America's European business until 2013 and became the Chief
Executive Officer of Merrill Lynch International following the
merger of the two institutions in 2008.
Patrick Moloney, Chief Executive Officer of LCM, said:
"As we expand LCM's international focus, we're thrilled to have
further strengthened our team with the appointment Jonathan as
Chairman. This announcement follows a series of exciting and
significant operational developments at LCM including several new
board and management team hires, and our expansion into London and
Singapore as key growth markets. Together with the rest of the
Board, I am looking forward to working with Jonathan and the wider
team to realise the clear growth opportunity that LCM offers.
"I would also like to thank David for his support as Chairman
over recent years. We will continue to benefit from his expertise
on the Board."
Jonathan Moulds, Chairman of LCM, said:
"I'm delighted to take on the role of Chairman at LCM. It's a
privilege to be involved with one of the litigation finance
industry's most established and exciting players at this pivotal
time in its development.
"This is an interesting time for the litigation funding sector
globally as it enters a period of rapid expansion and LCM is
well-positioned to take advantage of this given its significant
international presence, its team's outstanding track record and the
quality and depth of its pipeline of future litigation
projects."
CONTACTS
Litigation Capital Management
Patrick Moloney, Chief Executive Officer
Nick Rowles-Davies, Executive Director
Hawthorn Advisors lcm@hawthornadvisors.com
Lorna Cobbett / Zinka MacHale Tel: 020 3745 4960
NOTES TO EDITORS
About Jonathan Moulds
Jonathan has held a number of senior leadership roles at major
financial institutions, most recently at Barclays plc, where he was
the Group Chief Operating Officer until 2016. He was previously the
head of Bank of America's International business and became the
Chief Executive Officer of Merrill Lynch International following
the merger of the two institutions in 2008. Jonathan has a strong
financial markets background and was responsible for Bank of
America International's Global Markets business prior to the
merger. He has worked in most major financial centres, including
the U.S., the U.K. and Asia during his career.
Jonathan has served widely on key industry associations
including as chairman of the International Swaps and Derivatives
Association (ISDA) from 2004 until 2008 and as a director of the
Association for Financial Markets in Europe (AFME). He remains a
member of AFME's Advisory Board. Jonathan was a member of the
Capital Markets Senior Practitioners of the UK Financial Services
Authority and the Global Financial Markets Association.
Jonathan is currently a Non-Executive Board member for IG Group
Holdings PLC and is a member of the Board Risk Committee and
Remuneration Committee.
About LCM
Litigation Capital Management ("LCM") is a leading international
provider of litigation financing solutions. This includes
single-case and portfolios across class actions, commercial claims,
claims arising out of insolvency and international arbitration. LCM
has an unparalleled track record, driven by effective project
selection, active project management and robust risk management.
Headquartered in Sydney, with offices in London, Singapore,
Brisbane and Melbourne, LCM has been listed on AIM since December
2018, trading under the ticker LIT. www.lcmfinance.com
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END
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