First Derivatives appoints Adrian Toner COO

Source: First Derivatives

First Derivatives (AIM:FDP.L, IEX:GYQ.I), a leading provider of software and support services to the financial services industry is pleased to announce that the Company has appointed a new Chief Operating Officer (COO), Adrian Toner.

Adrian has served as non-executive Director of First Derivatives since November 2005.

Adrian has over 16 years experience working at a senior level within financial services. Since 2000 he has been Head of Allianz operations in Northern Ireland and in 2007 assumed additional responsibility for distribution strategy and marketing activity for Allianz's Irish business. His experience in leadership and the successful delivery of corporate strategy will make his appointment a further strong addition to the executive team of First Derivatives.

There is no further information required to be disclosed in respect of the above mentioned board change under Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies and the IEX Rules for Companies.

Chief Executive Brian Conlon commented: "Adrian has played a valuable role as Non-Executive Director over the past five years and we are delighted he will now be taking up an executive role on the Board. First Derivatives is entering an exciting phase in its development and we look forward to Adrian contributing to the continuing growth of our business."


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