Directorate Change
Chair Sir Douglas Flint to retire at June 2026 AGM after joining Prudential board.
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| FOR RELEASE ON | 14 January 2026 |
Board change
IP Group plc (LSE: IPO) ("the Group"), which invests in breakthrough science and technology companies with the potential to create a better future for all, announces that, in accordance with UK Listing Rule 6.4.9(2), it has received notification from Sir Douglas Flint, CBE, Chair of IP Group, that he will join the Board of Prudential plc as independent non-executive director, and Chair designate, with effect from March 2026.
As a result, Sir Douglas Flint has confirmed his intention to retire as a Director and Chair of IP Group at the conclusion of the Group's Annual General Meeting in June 2026 and will therefore not stand for re-election.
As outlined in the Notice of the 2025 AGM, the Board's Nomination Committee has been planning succession to ensure a suitable sequencing of transition given that a number of directors, including the Chair, are approaching the nine year maximum term and has been prioritising the Chair succession as part of this. This process is ongoing and the Group will provide a further update in due course.
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