The Board of OM Holdings Limited announced that it has appointed Mr. Ivo Philipps as a Non-Executive Director of the Company. Mr. Philipps will act as a Nominee Director for Standard Chartered Bank. Mr. Philipps' appointment follows from the successful execution of the New Debt Facility with Standard Chartered Bank previously announced on 3 March 2014.

Mr. Philipps joined Standard Chartered in 2007 as Chief of Staf to the Group Head of Origination & Client Coverage team before joining Principal Finance in 2009, initial y as Chief Operating Of icer before becoming the Global Head of the Mezzanine & Alternative Solutions Business in 2011.