TIDMFEN
RNS Number : 8244M
Frenkel Topping Group PLC
26 January 2021
26 January 2021
Frenkel Topping Group plc
("Frenkel Topping", the "Company" or the "Group")
Directorate Change
Frenkel Topping (AIM: FEN), the specialist independent financial
advisor and asset manager focused on asset protection for
vulnerable clients, is pleased to announce the appointment of Right
Honourable Mark Field as a Non-executive Director of the Company
with immediate effect.
Mr Field is a former MP and FCO Minister who, during his tenure
in UK Parliament, represented the prestigious central London
constituency of the Cities of London and Westminster. Mr Field held
this position for over 18 years during which time he also served as
the Minister for State at the Foreign and Commonwealth Office and
as vice-chair of the Conservative Party. Prior to this, Mark
practised as a corporate lawyer at Freshfields and also set up,
ran, and sold Kellyfield Consulting, a specialist legal recruitment
company.
Since leaving Parliament, Mark has embarked on a portfolio
career which includes senior advisory roles to multiple public and
private sector companies. Most recently, Mark has been appointed as
Chairman of Capital International Bank, a new digital bank based in
the Isle of Man.
Richard Fraser, Chief Executive Officer of Frenkel Topping,
said:
"The Board is delighted to welcome Mark to the Group, he brings
with him a wealth of business and advisory experience and we look
forward to working with him as we continue to execute our growth
strategy and consolidation of the PI and Clinical Negligence
marketplace."
Rt. Hon Mark Field, commented:
"I am thrilled to be joining the Frenkel Topping team at this
exciting time in its development. I have been impressed by the
ambitious future plans set out by the senior executives and look
forward to working alongside them to achieve success in
consolidating the Personal Injury and Clinical Negligence
sector."
For further information:
Frenkel Topping Group plc Tel: 0161 886 8000
Richard Fraser, Chief Executive www.frenkeltopping.co.uk
Officer
finnCap Ltd Tel: 020 7220 0500
Carl Holmes / Giles Rolls (Corporate
Finance)
Tim Redfern / Richard Chambers (ECM)
The following information is disclosed in accordance with
Schedule 2(g) of the AIM Rules for Companies in connection with the
appointment of Mark Field to the Board of the Company as a
Non-executive Director:
Full name: Mark Christopher Field
Age: 56 years
As at the date of this announcement Mark holds no ordinary
shares of 0.5p each in the capital of the Company.
Directorships/Partnerships:
C urrent Previous
Capital International Bank M. C. Field Consulting Limited
Limited
M C Field Consulting Limited
-------------------------------
About Frenkel Topping Group:
The financial services firm consists of Frenkel Topping Limited,
Ascencia Investment Management, Obiter Wealth Management, Equatas
Accountants and Forth Associates.
The group of companies specialises in providing financial advice
and asset protection services to clients at times of financial
vulnerability, with particular expertise in the field of personal
injury and clinical negligence.
With more than 30 years' experience in the industry, Frenkel
Topping has earned a reputation for commercial astuteness
underpinned by a strong moral obligation to its clients, employees
and wider society, with a continued focus on its Environmental,
Social and Governance (ESG) impact.
Through its core business, Frenkel Topping Limited, the firm
supports litigators pre-settlement in achieving maximum damages, by
providing expert witness services, and post-settlement to achieve
the best long-term financial outcomes for clients after injury. It
boasts a client retention rate of 99%.
The Group's discretionary fund manager, Ascencia, provides
financial portfolios for clients in unique circumstances. In recent
years Ascencia has diversified its portfolios to include a
Sharia-law-compliant portfolio and a number of ESG portfolios in
response to increased interest in socially responsible investing
(SRI).
Obiter provides a generalist wealth management service -
including advice on Savings and Investments; Tax planning; Life
Insurance; Critical Illness and Income protection; Endowment advice
and Keyman Insurance, with a particular specialism in financial
advice on pensions and pension sharing orders for the clients of
divorce and family lawyers. Obiter applies the same core principles
of honesty, transparency, responsibility and reliability to
individuals, regardless of background or situation.
In 2019, Frenkel Topping launched its accountancy arm, Equatas,
to assist clients with tax planning and move closer to providing a
full end-to-end service under the Group brand, improving the
experience for clients and maintaining the Group's standards
throughout the client journey.
In 2020 Frenkel Topping acquired Forth Associates, a specialist
forensic accounting services business which assists in financial
and legal disputes. The acquisition makes Frenkel Topping the
largest independent provider of financial expert witness reports to
the claimant marketplace.
For more information visit: www.frenkeltopping.co.uk
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END
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