Albion Crown VCT PLC Welcomes New Directors to Its Board

Albion Crown VCT PLC Enhances Board with New Appointments

The Board of Albion Crown VCT PLC is thrilled to announce the recent appointments of Richard Glover, Ann Berresford, and Richard Wilson as non-executive directors. Their addition marks an important step in the company’s commitment to excellence in governance and strategic direction.

Meet the New Directors Joining Albion Crown VCT PLC

With extensive professional backgrounds in various sectors, the new directors bring a wealth of experience to the Board. Richard Glover, who previously held leadership positions in the British School of Motoring and ATC International, has a strong track record in private equity and service sector businesses. His leadership as Chairman of Albion Venture Capital Trust PLC before merging with Albio Crown VCT PLC now positions him to steer the company towards continued success.

Background of Richard Glover

Richard Glover's diverse career journey began in the industrial relations and HR management field with ICI and Grand Metropolitan. His significant contribution to the British School of Motoring as MD and later CEO showcased his capability in leading businesses through critical transitions, including flotation and eventual sale. His extensive involvement in non-executive roles, particularly with the Worshipful Company of Haberdashers, highlights his dedication to impactful governance.

Ann Berresford's Expertise in Financial Management

Ann Berresford adds considerable expertise in financial services and energy sectors to the Board. A chartered accountant with practical experience in firms such as Grant Thornton and Clyde Petroleum plc, she has held several influential non-executive roles since 2006, including her current position with Secure Trust Bank plc. Ann’s vast knowledge in financial management will be vital for the Audit & Risk Committee she now chairs.

Richard Wilson's Extensive Experience in Asset Management

The third new director, Richard Wilson, comes with a wealth of asset management experience, having served as the CEO of BMO Global Asset Management as well as F&C Asset Management plc. His history of leading substantial acquisitions and managing large-scale investments reflects his ability to navigate complex financial landscapes. His previous role as a non-executive director of Albion Venture Capital Trust PLC further aligns with the company's strategic vision.

A Smooth Transition and Future Strategies

The Board is enthusiastic about the insights and governance that Richard, Ann, and Richard will bring over the coming years. They are set to make significant contributions within the Audit & Risk, Remuneration, and Nomination Committees, ensuring robust oversight and integrity within the company's operations.

Gratitude for Retiring Directors

As the company embraces new leadership, it also bids farewell to former Board members James Agnew and Tony Ellingham, whose leadership and commitment have been invaluable during their tenures. Their efforts in steering Albion Crown VCT PLC represent a legacy of diligence and dedication.

Contact Information

For any further inquiries or clarifications, please reach out to Vikash Hansrani, Operations Partner, at Albion Capital Group LLP via telephone at 020 7601 1850.

Frequently Asked Questions

1. Why were new directors appointed to Albion Crown VCT PLC?

The new directors were appointed to enhance governance, bring fresh perspectives, and support the company's strategic objectives.

2. What roles will the new directors serve on within the company?

They will serve on the Company's Audit & Risk, Remuneration, and Nomination Committees, helping to uphold governance standards.

3. What is the background of Richard Glover?

Richard Glover has a rich background in private equity and was formerly the CEO of the British School of Motoring, showcasing his leadership in transformative business environments.

4. What is Ann Berresford's professional history?

Ann Berresford is a chartered accountant with over 20 years in financial management and has held non-executive roles in various reputable organizations.

5. What did the former directors contribute to the company?

James Agnew and Tony Ellingham provided valuable leadership and commitment, ensuring the company’s operations were effectively managed during their tenures.

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