Intuitive Investments Group Plc announced the appointment of Sir Nigel Rudd as its next Chairman. Sir Nigel will become IIG's Independent Non-Executive Chairman subject to admission of the Company to the Specialist Fund Segment of the London Stock Exchange's Main Market, which is expected to take place on around 8 August 2023. Concurrently,Julian Baines MBE, the present Non-Executive Chair of the Company, will step down as Chairman and will become an independent non-executive Director of IIG.

Sir Nigel is an experienced Chairman of listed businesses and investor in emerging growth companies and SMEs. Over the past 25 years, he has chaired companies such as Pendragon plc, the automotive retailer; Pilkington, a manufacturer of glass and glazing systems; Alliance Boots, a global retail pharmacy; Heathrow, the UK airport; Invensys plc, an engineering firm; Business Growth Fund, an investor in growth companies; Signature Aviation plc, the aviation firm; and Meggitt plc, the aerospace and defence firm. Sir Nigel occupied a seat on the Barclays Bank Board for more than 12 years, latterly as Deputy Chairman, retiring in 2008.

Sir Nigel is currently a Non-Executive Director of Sappi Limited, a renewable resource company. Sir Nigel is best known for his role in the 1980s at Williams plc, which he turned into a FTSE 100 Company. Williams plc remained one of the industrial holding companies in the UK until its demerger in 2000 into two separate entities, Chubb and Kidde.

As part of his role, Sir Nigel will join the Remuneration Committee and chair the Nominations Committee.