Full Year 2019 Close Brothers Group PLC Earnings Call Transcript

Sep 24, 2019 / 08:30AM GMT
Per Preben Prebensen - Close Brothers Group plc - CEO & Director

So I think we're all ready to start. Good morning, and welcome to the presentation of our 2019 results. This morning, Mike Morgan, our Group Finance Director, will be taking you through our financial performance. And I'll then provide an update on the group and our strategy and outlook. Also with us today are Adrian Sainsbury, who is the Managing Director of our lending businesses; Martin Andrew, the Chief Executive of Asset Management; and Philip Yarrow, the Chief Executive of Winterflood. And as usual, we'll be happy to take your questions after the formal presentation.

Before moving on to the results, we also announced this morning that after more than 10 years as CEO, I've decided that it's time for me to move on, and it's time for Close Brothers to have its next leader. The group is in very good shape with an excellent management team. We've spent a lot of time on planning executive transition and have strong internal succession. And clearly, the Board will also do a full external search. I'll continue to lead the group for

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