The Board of WH Ireland has told DirectorsTalk that Humphrey Percy has been appointed as a Non-Executive Director of the Company with effect from 1 December 2016.
In addition, the Company has entered into a relationship agreement with Integrated Financial Services For Buying and Selling Securities W.L.L. (a subsidiary of KEH Group, the Company’s largest shareholder) which, inter alia, allows them to appoint a director to the Company’s board, and regulates the continuing relationship between KEH Group and the Company so to ensure that the Company will at all times be capable of carrying on its business independently of KEH Group and its associates (the “Relationship Agreement”).
Humphrey Richard Percy, aged 60, is the Group Chief Executive of KEH Group and was previously Global Head of Futures at ICAP plc and Head of Global Financial Markets at Westdeutsche Landesbank Girozentrale.
Richard Killingbeck, Chief Executive Officer of WH Ireland commented: “I am delighted that Humphrey has agreed to join the Board of W H Ireland. Humphrey will not only strengthen the board, but brings with him significant knowledge of the Financial Services Sector.”