Thomson Reuters Replaces Olver with Banga on Board of Directors

Thomson Reuters has appointed Manvinder Singh Banga to its board of directors as a non-executive director, effective on 1 January 2009, and indicated that Dick Olver will retire from the board at the end of this year. The vendor hopes that Banga’s Asian market experience will contribute to its growth plans for the region.

Banga, who is based in London, is the president of the Foods, Home and Personal Care business for Unilever and one of the seven member Unilever executive committee reporting to the CEO.

David Thomson, chairman of the Thomson Reuters Board, comments on the appointment of Banga: “He has deep knowledge of Asian business which will prove invaluable as Thomson Reuters looks to capitalise further on opportunities in that region.”