Asimilar Group plc announced that Mark Horrocks has been appointed to the Board of Asimilar as a Non-Executive Director with immediate effect. Donald Stewart, a director of the Company, will retire from the Board to pursue his other commercial interests. His resignation will take effect from the conclusion of the upcoming Annual General Meeting. Mark Horrocks has over 37 years' experience in financial markets and has been involved mainly in large scale institutional fund management. He has worked as a research analyst and fund manager for a FTSE100 insurance group.