Non-Executive Board Changes
Date : 29 October 2001
Serco Group plc is pleased to announce the appointment of Dr DeAnne Julius as a Non-Executive Director of the Company with effect from Monday 29 October 2001.
Dr Julius has worked in both the public and private sectors and was a founder member of the Monetary Policy Committee of the Bank of England. She is a well known economist and highly respected public figure in both the UK and the USA. Her academic work has focused on the role of the service sector within the economy and she took a special interest in productivity trends in UK services whilst at the Bank of England.
Dr Julius is a Non Executive Director with the Bank of England and has recently been appointed a Non-Executive Director of Lloyds TSB plc. She is a member of the National Learning and Skills Council and is also Vice Chairman of the Institute ofDevelopment Studies at the University of Sussex.
Richard White, Serco Group's Executive Chairman, said "Dr Julius has a strong reputation for her sound commercial and economic judgement and incisive analytical skills. We welcome her to the Serco Group board and look forward to her support and contribution in helping to shape the future of our business".
Serco also announces the resignation of Betsy Bernard as a Non-Executive Director of Serco Group plc with effect from Monday 29 October 2001. Ms Bernard was appointed President and CEO of AT&T Consumer Division in April 2001 and is now unable to devote sufficient time to her role with the Company.
Richard White said: " We would like to congratulate Betsy on her new role and are sorry that this has resulted in the need to reduce her external commitments. We would like to thank Betsy for her contribution to the Group and wish her well for the future."
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