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April : Emmanuel Morandini appointed as Group CEO

Wednesday 7 December 2016

APRIL: Emmanuel Morandini appointed as Group CEO

The Board of Directors met today under the chairmanship of Bruno Rousset and approved the appointment of Emmanuel Morandini as APRIL`s Chief Executive Officer. "This appointment follows Emmanuel Morandini`s arrival as Deputy CEO two years ago. It reflects the confidence the Board of Directors puts in his ability to implement the action plans defined by the Group to drive APRIL to long-term growth dynamics" stated Bruno Rousset, who remains Chairman of the Board of Directors.

Emmanuel Morandini, 54, is an ISTOM engineering graduate and holds an Executive MBA from ESSEC business school. He started his career in 1986 at CERIC Group (engineering) and later joined La Hénin Vie, which in 1999 became La Mondiale Partenaire, as Deputy CEO. In 2002 he joined CNP Assurances, where he served as Chairman and CEO of the Group`s subsidiaries in Argentina, Spain, Italy and Portugal. He joined APRIL in 2014 as Deputy CEO.

"My primary objective, capitalising on the Group`s potential and expertise in order to step up its growth, has been strengthened by the measures implemented over the past two years. I remain convinced of APRIL`s ability to return to growth and, over the longer term, to an increased profitability" commented Emmanuel Morandini.

Upcoming releases:

- 24 January 2017 after market close: 2016 Full-year sales
- 8 March 2017 after market close: 2016 Annual results

This release contains forward-looking statements that are based on assessments or assumptions that were reasonable at the date of the release, and which may change or be altered due to, in particular, random events or uncertainties and risks relating to the economic, financial, regulatory and competitive environment, the risks set out in the 2015 Registration Document, and any risks that are unknown or non-material to date that may subsequently occur. The Company undertakes to publish or disclose any adjustments or updates to this information as part of the periodical and permanent information obligation to which all listed companies are subject.

Contacts:

Analysts and investors
Guillaume Cerezo: +33 (0)4 72 36 49 31 / +33 (0)6 20 26 06 24 - guillaume.cerezo@april.com

Press
Samantha Druon: +33(0)4 72 00 46 56 - samantha.druon@insign.fr


About APRIL

Established in 1988, APRIL is an international insurance services group with operations based in 31 countries in Europe, America, Asia, Africa and the Middle East, and the leading wholesale broker in France. Listed on Euronext Paris (Compartment B), the Group posted sales of €798m in 2015. Its 3,800 staff members design, manage and distribute specialist insurance solutions (health and personal protection, property and casualty, mobility and legal protection) as well as assistance services, for private individuals, professionals and businesses, by pursuing the ambition APRIL set itself from the very beginning: to change the image of insurance and make it easier and more accessible. Driven by a strong entrepreneurial culture, the group bases its development on four values in support of its customers: building trust, pushing boundaries, innovating and keeping things simple.

Full regulated information is available on our website at www.april.com (Investors section).

PDF Version



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: April via GlobeNewswire

HUG#2062707

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