nCipher plc (LSE:NCH) announces the appointment of Robert Jeens as non-executive Chairman of the Board with immediate effect. nCipher's previous Chairman, Dr Ossama Hassanein, has retired from the Board with immediate effect.
Robert has some 30 years' experience within large financial services businesses, initially as a partner in Touche Ross & Co. and latterly as Finance Director at Kleinwort Benson Group plc and Woolwich plc. Robert has also held a range of non-executive appointments focussed on technology and financial services businesses, these include serving as Chairman of m.a. partners (recently sold to Detica Group plc), Causeway Technologies Inc. and Protx Group Limited.
Robert Jeens is currently a non-executive director of Bank Insinger de Beaufort N.V., Dialight plc, TR European Growth Trust plc, The Royal London Mutual Insurance Society Limited and other private companies.
Dr Ossama Hassenein leaves the Board after nine years with nCipher, having been one of the earliest venture capital investors in nCipher and having subsequently guided the Company through its flotation on the London Stock Exchange in 2000.
"We are delighted to welcome Robert Jeens to the Board of nCipher "" he brings a wealth of financial and corporate experience to the team" says Alex van Someren, chief executive officer at nCipher. "The Board would also like to thank Ossama Hassanein for his substantial contribution to nCipher's growth over the past nine years and particularly for his skilful chairmanship. He leaves the company well-placed for continuing growth."
Additional information:
Robert Jeens has been a director of the following publicly quoted companies in the previous five years:
Current (all listed above)
Dialight plc
TR European Growth Trust plc
From July 2001 to April 2002 Robert Jeens was a director of Netsys Technologies Limited, which entered into a Company Voluntary Arrangement in May 2002.
Save for the information disclosed above, there is no other information in relation to Mr Jeens required to be disclosed pursuant to LR Rule 9.6.13.
