Litigation Capital finance chief joins the board

(Sharecast News) - Litigation Capital Management announced the appointment of chief financial officer David Collins to its board of directors on Friday, effective immediately. The AIM-traded firm said the move followed Collins' impactful first five months as CFO, during which the board said he had contributed significantly to the company's financial operations and strategic planning.

Collins, a Chartered Accountant, had more than two decades of experience in senior finance and capital markets roles.

His career included positions at EY, Morgan Stanley, Och-Ziff Capital - now Sculptor Capital - and Prudential.

"David's appointment to the board reflects our confidence in his capabilities and his contributions to the business in a short period," said chairman Jonathan Moulds.

"We look forward to leveraging his experience as we continue to execute on our strategy for growth and value creation."

At 1315 GMT, shares in Litigation Capital Management were down 2.2% at 111p.

Reporting by Josh White for Sharecast.com.