Impax Asset Management Group plc announced the appointment of Karen Cockburn as Executive Director on the Impax Board, effective March 16, 2023. Karen Cockburn was appointed as Impax's Chief Financial Officer with effect from January 2023. In this role, Karen leads the Company's Finance function, including Investor Relations, has oversight of Governance arrangements and the Legal function, and is a member of Impax's Executive Committee, contributing to commercial and strategic business matters.

Karen is a qualified Chartered Accountant with over 25 years' financial and operational experience in financial services. Before joining Impax, Karen was Transformation CFO at Virgin Money plc, focused on the integration of Virgin Money and Clydesdale Banking Group. Previously, she spent nine years at Aegon in various strategy, transformation and finance leadership roles, latterly as Chief Financial Officer of Cofunds.

Having qualified with KPMG, she spent her early career with GE Capital and Lloyds Banking Group. Karen is also a founder and board member of a digital start-up, Legado Technologies Ltd. Karen is a fellow of the Irish Institute of Chartered Accountants and holds a BSc and MSc in Accounting and Finance from Queen's University, Belfast. Karen becomes the second Executive Director on the Impax Board, along with Impax Chief Executive, Ian Simm.

The resignation of Non-Executive Director, Vince O'Brien, who previously notified the Board of his intention to retire after 13 years with Impax, became effective at today's AGM. During the five years immediately preceding the date of this announcement, Karen Josephine Cockburn (née McCambridge), who is 54 years old, held the following directorships: Current; Legado Technologies Limited, Impax Asset Management Limited, Impax Asset Management (AIFM) Limited, Impax Asset Management LLC. Previous; Lochside Nominees Limited, Andrews Nominees Limited, Witham Institutional Nominee Limited, Victoria Nominees Limited, Cofunds Nominees Limited, Cofunds Limited, Cofunds Leasing Limited, Dorset Nominees Limited, Minster Nominees Limited, Aegon Investment Solutions Limited.