Burgeoning CFD broker Plus500 (LON:PLUS) has today announced the appointment of Mr. Paul Vincent Boyle OBE, aged 55, as Non-Executive Director of the Company and a member of the Board of Directors with effect from 1 January 2015. He will complement Alastair Gordon, Charles Fairbairn and Daniel King as UK-based non-executives of the Company.
Mr. Boyle is a Scottish Chartered Accountant with extensive experience of financial management in blue-chip companies as well as in high-profile public positions. He is currently Chief Audit Officer at Aviva plc, a position that he has held for the last four years, and, in August 2012, was appointed to the Group Executive Committee. Prior to this, Mr. Boyle was Chief Executive of the Financial Reporting Council (FRC), the UK’s independent regulator responsible for promoting high quality corporate governance and reporting.
Mr. Boyle joined the FRC from the Financial Services Authority (FSA) where he held a number of positions, including Chief Operating Officer from June 2000 to May 2004. He was also a member of the Chairman’s Committee and attended meetings of the Board of Directors of the FSA.
Prior to joining the FSA, Mr. Boyle held a number of senior financial management roles in several blue-chip companies including WH Smith plc and Cadbury Schweppes plc.
He began his career as a chartered accountant at Coopers & Lybrand.
Mr. Boyle has sat on several public advisory boards, and is currently a Member of the HM Government Internal Audit Quality Oversight Committee and the Council of the Chartered Institute of Internal Auditors. He was joint author of Making Corporate Reports Valuable and Future Shape of Financial Reports. He was awarded an OBE in the 2010 New Year Honours and Fellowship of the Institute of Internal Auditors (UK) in 2014.
Alastair Gordon, Chairman of Plus500, said: “We’re delighted to welcome a non-executive of the calibre of Paul Boyle to the Board of Plus500. He will be of great value to the Company, and we look forward to benefitting from his guidance as we continue to grow our business.”
For the full announcement from Plus500, click here.