Numis Corp Appoints Alan Carruthers As New Non-Executive Chairman

LONDON (Alliance News) - UK stockbroker Numis Corp PLC on Tuesday announced the appointment of ...

Alliance News 21 March, 2017 | 8:51AM
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LONDON (Alliance News) - UK stockbroker Numis Corp PLC on Tuesday announced the appointment of Alan Carruthers as its new non-executive chairman to replace Gerald Corbett, who previously handed in his resignation.

The change has become effective immediately, with Carruthers bringing 27 years of experience in equity markets to the role.

During his career, Carruthers has held the positions of head of global sales trading at Morgan Stanley between 1996 and 2003, global head of equities at Cazenove between 2033 and 2010, and head of Europe, the Middle East and Africa cash equities at JP Morgan Cazenove between 2010 and 2011.

More recently, Carruthers served as a non-executive director of London-listed Hydrodec Group PLC between 2012 and 2016.

"We are delighted to welcome Alan as non-executive chairman of Numis. Alan is an experienced financial services practitioner, particularly within the cash equities space, and he is therefore an excellent fit with Numis' business. Alan has a track record of focusing on strategy while providing the necessary leadership and drive which will enable him to make a significant contribution to the continued development of Numis," said Co-Chief Executives Alex Ham and Ross Mitchinson.

"Numis has established itself as one of the UK's most respected broking and advisory businesses. It has achieved this by delivering exceptional client service through a highly talented team of people. I very much look forward to contributing to the continued development of Numis under its energetic and dynamic management team," said Carruthers on his appointment.

Numis shares were trading down 0.1% on Tuesday at 260.38 pence per share.

By Joshua Warner;; @JoshAlliance

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Numis Corp PLC 225.00 GBX 1.35 -
Hydrodec Group PLC 51.00 GBX 0.00 -
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