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Wren Sterling Group Appoints Former CEO of Ruffer, Clemmie Vaughan to NED Role

New York & London, January 16, 2023 – The Wren Sterling Group has announced the appointment of ex-Ruffer CEO, Clemmie Vaughan, to its board as an independent Non-Executive Director.

Ms. Vaughan will also join the board of Wren Sterling Group's recently acquired discretionary fund management business, MFDM LLP, as an independent Non- Executive Director and will chair MFDM's Investment Committee.

From 2017 to 2021 Clemmie was Group CEO of Ruffer Investment Company, the investment management firm, growing it to £25bn AUM. She is Chair-elect of CG Asset Management and was previously a Non-executive Director of Electric & General Investment Fund from 2012 to 2017. Clemmie is also the Chair of St Mary's Ascot school.

This appointment follows the completion of Wren Sterling's acquisition of MFDM LLP in November 2022 and the appointment of Rory McPherson as Chief Investment Officer in September, in line with the business' strategy to accelerate its growth by offering clients a value-led discretionary fund management solution.

Ian Darby, Wren Sterling Group's Executive Chairman commented: "Appointing Clemmie is a real coup for the Wren Sterling Group. She is a highly capable individual who has spent many years at the cutting edge of UK investment management.

As we evolve our business towards scaling a national IFA and growing a discretionary fund management business, her oversight and experience will be essential."

Clemmie Vaughan said: "I am excited to work with Wren Sterling and Lightyear Capital to drive the next stages of Wren Sterling's growth agenda. I greatly look forward to working with Ian, James Twining (Wren Sterling's CEO) and their team, and supporting them to achieve long-term success for the firm."