20 Nov 2002
Appointment of non-executive director to Egg Banking plc
Egg plc (“Egg”) is pleased to announce the appointment of Pascal Cagni to the Egg Banking board as a non-executive director, with immediate effect.
Mr Cagni, 41, is Vice President and General Manager Europe, Middle East and Africa (EMEA) at Apple where he has been instrumental in developing Apple’s increasing presence across EMEA. During his career, Mr Cagni has held senior positions at leading international technology companies including Packard Bell, NEC Computer International and Compaq.
Commenting on the appointment, Roberto Mendoza, Chairman of Egg plc, said:
“We are delighted to welcome Pascal to the Egg Banking board. Pascal will bring a wealth of relevant experience to the Board, particularly in supporting Egg’s drive to help consumers use digital technology to improve their understanding and management of their money."
“His wide experience in technology and international business will be of great value to the Board as we continue to lead the digital financial services industry and develop our business internationally.”
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Notes to Editors:
- Egg plc is Europe’s leading digital financial services provider, providing banking, insurance, investments, mortgages and a shopping portal through its internet site (www.egg.com) and other distribution channels.
- According to latest findings from Nielsen//NetRatings, the independent web audience monitoring company, is one of the most frequently visited financial website in both the UK and mainland Europe.
- Egg plc floated on 12 June 2000 raising proceeds of approximately £150 million and is listed on the London Stock Exchange. Prudential plc continues to hold 79% of the share capital.