As reported earlier 2014, Charles J Brady has announced his intention to retire as Chief Executive. At the request of the Board Charlie has agreed to stay on in a part time capacity as an Executive Director and to continue in his role in Banking & Compliance division as Chairman of the International Compliance Association. Charlie has been a part of the ICA since its inception 12 years ago.

Pedro Ros has joined the Board and will take Wilmington to the next level in its development as new Chief Executive. Pedro is a highly experienced executive who previously held senior Board positions at WPP plc and TNS plc. Charlie will ensure an orderly handover to Pedro and will step down as Chief Executive on the October 1, 2014.

Pedro, working with the executive management team and the Board is currently undertaking a review of business and will provide an update in December 2014. Richard Cockton, the Company Secretary, has also indicated that he will retire at the AGM in November 2014.