Man Group Plc had lost over 3% on the bourses, post the company announced that that Phillip Colebatch, who has served as Senior Independent Director since August 2013, will step down from this role following the 2017 AGM on 5 May 2017, while remaining a member of the Board. 

The chairman of Man group commented on this, “I would like to thank Phillip for his service as SID and, in particular, for his advice and guidance to me in my transition to the Chairmanship last year. I now look forward to working with Richard who has a wealth of financial services and international non-executive experience”

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