Close Brothers Group said today (16 September) in a short stock market statement that its group CEO Adrian Sainsbury “has taken a temporary medical leave of absence from the business”.
The group said it had “put in place robust temporary cover arrangements to ensure continuity in the delivery of the group’s strategy during this period”.
Mike Morgan, group finance director, will assume Sainsbury’s (pictured) principal responsibilities supported by the chairman, Mike Biggs, and members of the senior management team.
Close Brothers further said the scheduled full year results announcement will proceed as planned on Thursday 19 September, hosted by Mike Morgan.
