Transact parent takes on lawyer as chairman

Interim chairman Christopher Munro to step back later this year


Transact parent company Integrafin has made a double hire with the appointment of two non-executive directors to its board, including a permanent chairman.

Allen and Overy partner Richard Cranfield becomes non-executive director and chair-elect, effective from today.

Following a handover period, Cranfield will take over the role as chair from Christopher Munro, who has undertaken the role of non-executive chair on an interim basis since September 2018.

Cranfield is expected to take over the role as chairman at the end of Integrafin’s financial year in September.

In the same trading update, Integrafin said it had also appointed Robert Lister to its board as a non-executive director.

Lister is currently a non-executive director of Credit Suisse Asset Management, Investec Wealth and Investment and is the chair of the board of directors of the Aberdeen Smaller Companies Income Trust.

He joins with over 20 years’ experience of investment management and is also a director of The Salvation Army International Trustee Company.

In April, Ian Taylor (pictured), CEO at Integrafin, said he was “pleased” the firm saw its fund under direction had grown 15.7% year-on-year, despite “political and economic uncertainties” in Q1 2019.

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