City of London Group plc announces that Michael Goldstein, Chief Executive Officer, has notified the Board of his intention to step down effective from today, 22 March 2022. Mr Goldstein has been Chief Executive Officer of the Company since 2017, during which time, he has overseen the implementation of a new strategy for the Group, including the development of Recognise Bank from …
The Company announces the departure of Jason Oakley, as Chief Executive Officer of Recognise Bank Limited, the Company’s principal operating subsidiary. Jason was Co-Founder of Recognise Bank, alongside Deputy CEO, Bryce Glover. Bryce has been appointed interim CEO with immediate effect, while the Board begins the process of selecting a new CEO. The Company also …
Following FCA approval of the change in control On 6 September 2021, the Board of COLG (AIM:CIN) announced that it had signed a sale and purchase agreement for the sale of Milton Homes Limited (“Milton”) to Max Barney Investments Limited (“MBIL”) for a total consideration of £9.3 million (the “Disposal”), which was conditional on receiving …
