118ͼ

118ͼ announces new group structure

Following a Board-led strategic review accompanied by a detailed three-year planning exercise, the Board determined that 118ͼ will focus on governance, risk and compliance ("GRC") and Regulatory Compliance. Alongside this change, the Group will structure and report its business as two strategic divisions: Information and Data, and Training and Education effective from 1 July 2021.  The strategic update also focussed on defining 118ͼ's core purpose - "Helping our customers to do the right business in the right way".

More details about the changes can be found in the full strategic update presentation.

Mark Milner, Chief Executive Officer, commented:

"I am delighted to announce our new structure and operating model to support our increased focus on our core purpose of helping our customers to do the right business in the right way.  We operate in large GRC and Regulatory Compliance markets with strong growth characteristics, and this new divisional structure will allow us to concentrate our resources to deliver a unique and powerful combination of Information and Data, and Training and Education solutions to our global customer base."

 

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