Jayne Styles to step down from Hargreaves Lansdown’s Board of Directors

Maria Nikolova

Jayne Styles will not seek re-election at the company’s forthcoming AGM.

Hargreaves Lansdown PLC (LON:HL) has earlier today announced a change to its Board of Directors, as the company has received notice from Jayne Styles, an independent non-executive director, that she does not intend to seek re-election at the company’s forthcoming Annual General Meeting on October 10, 2019. Ms Styles will step down from the Board on that date.

Jayne Styles was originally appointed in October 2015, and has indicated she wishes to step down to devote more time to her executive career.

While there is a non-executive director search process currently underway, the company does not, at this stage, plan to seek an immediate replacement for Jayne Styles as it considers the composition of the Board will remain appropriate in terms of its size, independence, and diversity.

Deanna Oppenheimer, Chair of Hargreaves Lansdown plc, comments

“It has been a pleasure to work with Jayne who has served on the Board for the last four years. On behalf of the Company, I’d like to express my gratitude to Jayne for her dedication and contribution to Hargreaves Lansdown. We wish her every success in the future.”

Jayne Styles has a wealth of relevant financial services knowledge. Until March 30, 2019 she was Chief Investment Officer at MS Amlin, where she was responsible for running their global multi-asset, multi-manager portfolios and was Chief Executive Officer of MS Amlin Investment Management Limited. At the end of March she also stepped down from the Corporation of Lloyd’s Investment Committee.

Jayne Styles has an Executive MBA from Cranfield School of Management and holds a number of professional qualifications, including Associate of the CFA Society of the UK and Fellow of the Chartered Banking Institute. She is also a qualified business coach.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<