IN BRIEF: Braemar names former Record CFO as finance chief

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Braemar PLC - London-based provider of investment, chartering and risk management advice - Appoints Richard Heading as its new chief financial officer, effective Monday next week. Notes Heading, until March 31, held the role of CFO and chief risk officer at specialist currency and asset manager Record PLC, and has spent over 25 years leading finance, risk and compliance functions at large organisations.

‘After an extensive search process overseen by the board, we are delighted to welcome Richard to Braemar as our new group chief financial officer. He has a strong pedigree of financial and commercial leadership experience, having held senior finance roles at a number of listed businesses,’ says Non-Executive Chair Nigel Payne.

‘This will be invaluable as our CFO and COO Grant Foley takes over as Braemar’s group CEO at the company’s upcoming AGM on 2 July 2026.’

Current stock price: 237.56 pence, up 2.8% on Thursday afternoon in London

12-month change: up 8.0%

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