McKay Securities Plc announced that Nick Shepherd has been appointed to the newly formed role of Employee Representative Non-Executive Director. Nick joined the Board in January 2015 and currently sits on the Audit & Risk, Nomination and Remuneration Committees, chairing the latter. In addition, Richard Grainger, the Group's Chairman, will stand down from the Audit and Risk Committee. The changes will take effect from April 1, 2019.