Lombard Risk Management appoints new CEO

Alastair Brown has been appointed as chief executive of Lombard Risk Management, the management and regulatory reporting solutions provider said on Friday.

Brown, who will step into his new role on 1 December, joins the London-listed group from Royal Bank of Scotland, where he covered a number of executive roles over a 15-year spell.

"After an extensive search process we are delighted that Alastair has agreed to join Lombard Risk Management as CEO,” said group chairman Philip Crawford.

“Alastair has a wealth of experience and long track record of success in roles very relevant to our business.

“I am confident he will make a significant contribution to the development of Lombard Risk Management."

Lombard Risk shares were up 2.37% to 11.90p at 0900 GMT on Friday.