The Board of Imperial Holdings Limited accepted the resignation of Group Chief Executive Mr. Mark Lamberti with effect from April 30, 2018. The Board also announce that Mr. Osman Arbee, Group Chief Financial Officer from 2013 to 2017 and currently Chief Executive Officer of the Motus division, has been appointed Group Chief Executive Officer with effect from the May 1, 2018, in addition to his position as CEO of Motus. Mr. Arbee was previously a senior partner at Deloitte and Touche and joined the group in 2005. The board confirms that progress with the implementation of its plans to unbundle Motus is at an advanced stage and no obstacles are currently anticipated. As previously announced, the board will make and announce a final decision on the unbundling before the end of June 2018. In the event that the unbundling proceeds, the role of Group Chief Executive Officer will become redundant and Mr. Arbee will assume the role of Chief Executive Officer of Motus.