David Nish appointed Group Finance Director of Standard Life plc

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Standard Life plc has announced that David Nish will be joining the Board as Group Finance Director on 1 November 2006.

From 1999 to 2005 David was Finance Director at ScottishPower plc and, until recently, he was Executive Director, Infrastructure Division, ScottishPower plc. Previously he was a partner with Price Waterhouse where his clients included several financial services companies and large plcs.

In 2005, David was appointed to the board of Northern Foods plc as non-executive director and chairman of the audit committee. From 2001-2002 he served as non-executive director of Thus plc. In 2000 he won the Scottish Business Awards Finance Director of the Year and from 2004 to 2005 he served on the Government Employers Pension Task Force. He is a member of the Institute of Chartered Accountants of Scotland.

Sir Brian Stewart, Chairman of Standard Life plc commented:

“David is an excellent addition to the Board. He brings extensive experience as a finance director with broad skills from working with major UK listed companies.”

Sandy Crombie, Group Chief Executive, said:

“Standard Life is at an exciting phase in its development and there is considerable momentum behind the changes within our business. David undoubtedly will contribute in a major way to taking Standard Life forward.”


David Nish’s cv:

Date of Birth: 5th May 1960

Education: 1984 Institute of Chartered Accountants of Scotland – ACA
1981 Glasgow University – BA Accountancy

Career:
1997 – 2005 Scottish Power

2005 – 2005 Executive Director, Infrastructure Division
1999 – 2005 Finance Director
1997 – 1999 Deputy Finance Director

1981 – 1997 Price Waterhouse, Glasgow

1993 Full Equity Partner
1987 – 1989 Toronto, Canada
1984 Qualified as a Chartered Accountant (ICAS)
1981 Joined Price Waterhouse

Non-Executive Appointments:

2005 – Northern Foods plc, Chair of the Audit Committee
2002 – Royal Scottish National Orchestra
2001 – 2002 Thus plc

Other Appointments and Awards:

2004 – 2005 Government Employers Pension Task Force
2004 – 2005 Accounting Standards Board Urgent Issues Task Force
2000 Scottish Business Awards – Finance Director of the Year

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