FRP appoints Penny Judd as non-executive chair

FRP has appointed Penny Judd as non-executive chair.

Judd will replace Nigel Guy who, after 13 years with the firm, has retired from his role as non-executive chairman on 2 January 2024.

Guy joined FRP as chairman shortly after the management buyout completed in 2010 and became chair of FRP Advisory Group plc following the IPO in March 2020.

Meanwhile, Judd has more than 35 years’ experience in compliance, regulation, corporate finance and audit.
She is currently a non-executive director of a number of AIM quoted companies, including LendInvest plc, Alpha Financial Markets Consulting plc, TruFin plc and Team17 Group plc.

Between 2016 and 2021, Judd was non-executive chair at Plus500 Ltd, a FTSE 250 retail CFD provider, where she managed the company through a period of “extreme” regulatory change and a move from AIM to a premium listing on the Main Market.

Before taking on non-executive positions, she was managing director and EMEA head of Compliance at Nomura International plc until 2016, a position she held for three years.

Prior to this, she worked at UBS Investment Bank for nine years and held the position of managing director, EMEA head of compliance.

She also acted as head of equity markets at the London Stock Exchange, worked in Corporate Finance at Cazenove and is a qualified chartered accountant.

Judd said: “FRP is a fantastic business, with a proven growth strategy built on the strength of its reputation, management and people. I am honoured to be taking over as Chair and look forward to working with the Board and other FRP colleagues to build on the company’s success.”

Guy added: “I am hugely proud of what we have achieved at FRP over the last 13 years and appreciate the support and counsel of many of our colleagues over that time. The Group has grown to become a market leading advisory firm and has a strong base to continue its development which I will follow with interest.”