Plus500 Has Appointed Prof. Varda Liberman as an Independent Non-Exec Director

Plus500 announced that it has appointed Professor Varda Liberman as an Independent Non-Executive Director effective immediately.

Published in a release shared by the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term with Finance Magnates, Professor Varda Liberman, an internationally renowned expert in the field of decision-making and behavioural economics, has been named by Plus500, a global multi-asset fintech group operating proprietary technology-based trading platforms, as an Independent Non-Executive Director.

Professor Liberman will be assigned to the Audit Committee and Regulatory and Risk Committee of the Board. To date, she consults and gives workshops on the core issues of managerial decision-making and risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term to senior management of organisations in healthcare, banking, investment, technology, the judicial system and the Israeli Defence Forces. She also fulfils the role of External Director at Cellcom Israel Ltd. Earlier, she took on additional roles as Director on various publicly traded corporate boards in Israel.

Currently, she is the Rector of Reichman University, (IDC Herzliya) in Israel. Further, she is a professor at the business school, a visiting researcher at Stanford University, and the author of a number of books and various scientific articles.

Daniel King Exits his Positions at Plus500

King, the existing Chair of the Remuneration and ESG Committees, is the Board’s longest-serving Independent Non-Executive Director and External Director. He will complete his nine-year term under the provisions of Israel's Companies Law, 5759-1999.

In addition, he has been employed by Plus500 since it launched its IPO. His expertise in working with technology businesses has been priceless as he assisted in driving the Board and business.

Anne Grim, the Senior Independent Director and a member of the Remuneration Committee, will take over Daniel King’s role as Chair of the Remuneration Committee from 17 June 2022. Further, she will take on his responsibility as the third member of the Nomination Committee. Additionally, Steve Baldwin, a Non-Executive Director and a member of the ESG Committee, will succeed Daniel as the Chair of the Committee.

Reflecting on the announcement, Prof. Jacob A. Frenkel, the Chairman of Plus500, commented: "We are delighted to be welcoming Prof. Liberman to our Board. Having worked with a number of major international organisations over the years, she brings a significant experience and knowledge of corporate strategy, management decision-making and behavioral economics. Her views and perspectives will provide fresh dynamic to Board discussions and debates, and we look forward to working with her.

"In June 2022, our long-serving Independent Non-Executive Director and External Director, Daniel King, will end his maximum nine-year term. I would like to thank Daniel for his long-standing support and guidance to the Board since the Company's IPO in 2013 and during an eventful and exciting period since that time. Daniel is, and has always been, a highly effective and engaged Board member who has made significant contributions as Chair of a number of Board Committees over the years. On behalf of the Board, I wish him all the best.

"We are also delighted to be welcoming, as of 17 June 2022, Steve Baldwin as the Chair of our ESG Committee, and our Senior Independent Director, Anne Grim, as the Chair of our Remuneration Committee. We are sure that both Steve and Anne will provide dynamic leadership and continue the positive work. On behalf of the Board, I wish them best of luck".