05/12/2007

The Grand National Archery Society and Standard Life Investments

British archery’s governing body, The Grand National Archery Society, and Standard Life Investments are joining forces as part of the FTSE - British Olympic Association (BOA) Initiative.

The initiative aims to partner FTSE companies with National Governing Bodies - in this case, the GNAS - to help them incorporate the best business principles into their day to day operations.

The objective is for this to be a long term partnership with Standard Life Investments, providing skills transfer in support of The Grand National Archery Society as it develops as a world class organisation.

Projects will vary over time, and the initial focus will be on development of the way British Archery is administered.

"We are privileged to be involved in this wonderful project," said GNAS chairman Lynne Evans. "The GNAS is delighted at the opportunity to work with a respected and successful company like Standard Life Investments”.

"This partnership will work for both of us, of course. We as an organisation can learn a great deal from Standard Life about improving our administrative processes and we are very excited about making full use of this opportunity."

Keith Skeoch, CEO, Standard Life Investments said: “We are excited about our partnership with archery and look forward to working together over the next few years”.

“We share a high performance ethos and recognise the need to continually monitor and improve our processes and procedures to ensure that all of our people can deliver world class results in the face of global competition”.

“Motivation, dedication and expertise are required no matter whether your goals are in sport or business and I am sure that both organisations will benefit from this partnership.”