Man Group has appointed John Cryan as chairman following current chairman Ian Livingston's decision to step down from the role on 31 December.
Cryan, an independent non-executive director of the company, will assume the role on 1 January 2020. He is the current chairman of XCyber Group, having previously been the CEO of Deutsche Bank AG from July 2016 to April 2018 and co-CEO from July 2015. In his new role, Cryan will chair the board's nomination committee and will step down from the audit and risk committee. The move follows recent speculation that Lord Livingston would step down as a result of tensions with chief executive Luke Ellis. Ellis said: "It has been a pleasure to work with Ian since he and the board appoint...
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