Henderson appoints chairman

The group said Gillingwater, who is currently non-executive chairman of CDC Group, and also a senior independent director of businesses including Hiscox, has been appointed as chairman designate and a non-executive director. He will become chairman after the AGM in May. Gillingwater replaces current chairman Rupert Pennant-Rea who is standing down from the Board after the Annual General Meeting. Pennant-Rea said: "Henderson will be well served by having a person of Richard's standing as its chairman and his experience will be a great asset to the company."