20 October 2023
Non-Executive Director Appointment
InterContinental Hotels Group PLC ("IHG") [LON:IHG, NYSE:IHG (ADRs)] announces the appointment of Sir Ron Kalifa as Non-Executive Director, effective 1 January 2024.
This appointment reflects IHG’s ongoing commitment to bring together a Board of Directors with a diverse range of talent, expertise, skills and experience.
Ron is currently Chair of Network International, the leading payments operator across the Middle East and Africa, and Non-Executive Director and Senior Independent Director on the Court of Directors at the Bank of England. Prior to this, Ron was the Chief Executive Officer at Worldpay from 2002 to 2013 before becoming Deputy Chair until February 2020. Between 1986 and 2002, Ron held leadership roles across operations, sales and marketing and eCommerce at the Royal Bank of Scotland (now NatWest Group plc).
Deanna Oppenheimer, Non-Executive Chair of IHG, commented: “We are delighted to welcome Ron to IHG. Ron has significant international leadership experience from a broad career across technology-led companies. He brings a wealth of knowledge across strategy, sales, marketing and operations. His skills, expertise and perspectives will further strengthen our Board.”
Ron will serve on the Audit Committee and Remuneration Committee upon appointment.
Ron is also an independent Non-Executive Director on the Board of the England & Wales Cricket Board, a Trustee of the Royal Foundation of the Prince and Princess of Wales, and a member of the Council of Imperial College, London.
There is no additional information to disclose under Section 9.6.13R of the Listing Rules.
Ends
About IHG®
IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.
With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,200 open hotels in over 100 countries, and nearly 2,000 in the development pipeline.
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InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 345,000 people work across IHG's hotels and corporate offices globally.
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Biography
Sir Ron Kalifa is currently Chair of Network International, a leading payments operator across the Middle East and Africa, a Non-Executive Director and the Senior Independent Director on the Court of Directors of the Bank of England and is a member of the Council of Imperial College, London. Ron is also an independent Non-Executive Director on the Board of the England & Wales Cricket Board and a Trustee of the Royal Foundation of the Prince and Princess of Wales.
Ron’s prior career experience includes leading Worldpay for over 10 years as Chief Executive Officer and serving as Vice Chair thereafter, remaining as an Executive director until February 2020.
Notably, Ron was invited to lead an independent Fintech Strategic Review for the UK at the request of the Chancellor of the Exchequer in 2020 making recommendations on how to maintain the UK’s position as a global leader in fintech policy. Ron was also awarded an OBE in 2018 and was knighted in 2022 in the Queen’s Platinum Jubilee Honours list for his work supporting the financial services and technology industries.