Jardine Lloyd Thompson Group plc

12 September 2017

Board Changes

Jardine Lloyd Thompson Group plc (the 'Company' or 'JLT') announces that Jonathan Dawson will retire as a Non-executive Director of the Company on 3 October 2017.  Jonathan has been a Non-executive Director since August 2012.  He has been Chairman of the Audit & Risk Committee since March 2013 and Senior Independent Director since 1 January 2017.

Andrew Didham will join the Board as a Non-executive Director on 2 October 2017.  Andrew will become Chairman of the Audit & Risk Committee upon Jonathan Dawson's retirement on 3 October 2017.

Richard Meddings will join the Board as a Non-executive Director and as Chair of the Remuneration Committee on 2 October 2017. 

Both Andrew and Richard bring many years of experience as both executive and non-executive directors.

Annette Court will become Senior Independent Director of the Company upon the retirement of Jonathan Dawson.

Geoffrey Howe, Chairman, said:

"I am delighted to welcome both Andrew and Richard to the Board and know that the wide-ranging board skills and extensive experience - gained over many years - which they will both bring to JLT, will be a real asset in the coming years.  I would like to thank Jonathan, on behalf of the Board, for his great commitment and service to the Company over the past five years, both as a Non-executive Director and latterly as Senior Independent Director, and particularly as Chairman of the Audit & Risk Committee.  I wish Jonathan well for the future."

The Company was also notified on 11 September 2017 that Jonathan Dawson has been appointed as Chairman of River and Mercantile Group PLC with effect from 1 October 2017.

Jonathan Lloyd

Group Company Secretary

Jardine Lloyd Thompson Group plc

St Botolph Building

138 Houndsditch

London, EC3A 7AW

LEI: 213800XRWB6SDDCZZ434

Enquiries

JLT

Brunswick

Notes

Andrew Didham

Andrew has been a Non-executive Director and Chairman of the Audit Committee at Shawbrook Group plc since February 2017.  He has also been a Non-executive Director of Charles Stanley Group plc since September 2015, where he is also Senior Independent Director, Chairman of the Risk Committee and a member of the Nominations, Audit and Remuneration Committees. 

Andrew was previously Group Finance Director of Rothschild, the international investment banking group, from 1997 to 2012.  He became an Executive Vice Chairman of Rothschild in 2012 and remains a director of NM Rothschild & Sons, the UK business of the Rothschild group. 

Andrew is a Chartered Accountant and before joining Rothschild he spent 20 years at KPMG/Thomson McLintock, including as a Partner.  His experience includes audit responsibility for a number of global financial institutions, assignments on behalf of the Bank of England and the EU, and extensive dealings with regulatory authorities in the UK, Europe, Asia, Australia and the USA.

Richard Meddings

Richard has been a Non-executive Director and Chairman of the Audit Committee of Deutsche Bank AG since October 2015 and has been a Non-executive Director and Chairman of the Audit Committee of HM Treasury since July 2014.

Richard was previously a Non-executive Director and Chairman of the Group Risk Committee of Legal & General Group plc from December 2014 to May 2017.  He was also a Non-executive Director of 3i Group plc from September 2008 to July 2014 (and Senior Independent Director from 2010 to 2014).

Richard held executive management roles at Standard Chartered plc from 2002 to 2014, as Group Executive Director, Risk & Control from 2002 to 2005 and as Group Finance Director from 2006 to 2014.  Prior to joining Standard Chartered, Richard spent nearly 20 years in a range of senior roles in the financial services sector.

Richard is a Chartered Accountant.  He is a Member of the Governing Body of the International Chamber of Commerce UK and a member of the Financial Reporting Review Panel.

There are no additional matters that would require disclosure under LR 9.6.13R (1) to (6) in respect of either Andrew Didham or Richard Meddings.