Tbilisi (GBC) - Lion Finance Group PLC (the "Company" or the "Group") announces that, in accordance with the Company's succession planning procedures and in accordance with the National Bank of Georgia's Code of Corporate Governance for Commercial Banks, Andrew McIntyre will succeed Jonathan Muir as Chair of the Audit Committee and will be appointed as Chair of such with effect from 26 June 2025.
McIntyre has also received approval from the National Bank of Georgia to be appointed to the Supervisory Board of JSC Bank of Georgia with effect from 23 June 2025.
Following Mr McIntyre's appointment as Chair of the Audit Committee, and in accordance with succession planning procedures, Mr Muir has stepped down from the Board of Directors of the Company as an independent Non-Executive Director, as Chair of the Audit Committee, and as a member of the Nomination Committee with effect from 26 June 2025.
"On behalf of the Board, I would like to thank Jonathan for his very considerable commitment and contributions to the Board and the Group over the years, particularly in his role as Chair of the Audit Committee. Jonathan leaves with our very best wishes. We are pleased to welcome Andrew as Chair of the Audit Committee with his broad international financial services experience which will continue to benefit the Audit Committee in achieving its ongoing objectives”, - Mel Carvill, Lion Finance Group PLC's Chair, commented.
McIntyre is a seasoned financial expert with nearly three decades of experience at Ernst & Young, where he served as a Partner from 1988 to 2016, specializing in international financial services. He currently serves as Senior Independent Director at C. Hoare & Co. and as a Non-Executive Director at Lloyds Bank Corporate Markets PLC.
His previous board roles include positions at the National Bank of Greece S.A., Ecclesiastical Insurance Group PLC, and the Centre for Economic Policy Research. McIntyre holds a Master’s degree in Medical Sciences and Music from the University of Cambridge and is a Chartered Accountant/Auditor.
