Secure Trust Bank PLC Appointment of Independent Non-Executive Directors (8778P)
23 November 2016 - 4:05AM
UK Regulatory
TIDMSTB
RNS Number : 8778P
Secure Trust Bank PLC
22 November 2016
Secure Trust Bank PLC
22 November 2016
Secure Trust Bank PLC ("Secure Trust" or the "Company")
Appointment of Independent Non-Executive Directors
Secure Trust Bank PLC announces the appointment on 22 November
2016 of Ann Berresford and Victoria Stewart as independent
Non-Executive Directors of the Company with immediate effect. Ann
Berresford will join the Audit Committee and Victoria Stewart has
been appointed to the Remuneration Committee.
Ann Berresford is a Chartered Accountant with a background in
the financial services and energy sectors. She has held positions
at Triodos Renewables plc, Hyperion Insurance Group, the Pension
Protection Fund, Bank of Ireland Group, Clyde Petroleum plc and
Grant Thornton. She is currently a non-executive director of the
Bath Building Society and the Pensions Regulator and is an
independent trustee to the Avon Pension Fund.
Victoria Stewart has for many years been a fund manager and
investor in UK small companies. She has knowledge of corporate
structures and capital markets with particular experience in
smaller companies listed on the main market and AIM. She has held a
number of positions at Royal London Group and Chiswell Associates
(formerly Cantrade Investment Management Limited and now part of
Sarasin & Partners).
Lord Forsyth, Chairman, said:
"I welcome Ann and Victoria to the Board. Their experience will
complement that of the existing Directors and will strengthen the
Board following the step up to the main market on 12 October 2016.
My colleagues and I look forward to working with the two new
Non-Executive Directors."
The Company confirms that there is no information about Ann
Berresford or Victoria Stewart requiring disclosure under paragraph
9.6.13 (1) to (6) of the Listing Rules of the UK Listing
Authority.
Enquiries:
Secure Trust Bank PLC Tel: 020 7012 2400
Paul Lynam, Chief Executive
Officer
Neeraj Kapur, Chief
Financial Officer
Alan Karter, Company
Secretary
----------------------------- -------------------
About the Company:
Secure Trust Bank is an established, well-funded and capitalised
UK retail bank with a 64 year trading track record. Secure Trust
Bank operates principally from its head office in Solihull, West
Midlands, and had 630 employees (full-time equivalent) as at 30
June 2016. The Group's diversified lending portfolio currently
focuses on two sectors (i) Business Finance through its Real Estate
Finance, Asset Finance and Commercial Finance divisions and (ii)
Consumer Finance through its Personal Lending, Motor Finance and
Retail Finance divisions.
As at 30 June 2016 the Group's loans and advances to customers
totaled GBP1,128.3 million, customer deposits totaled GBP1,042.6
million and the Group's total customer base exceeded 600,000.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOABTBRTMBMTBJF
(END) Dow Jones Newswires
November 22, 2016 12:05 ET (17:05 GMT)
Secure Trust Bank (LSE:STB)
Historical Stock Chart
From Apr 2024 to May 2024
Secure Trust Bank (LSE:STB)
Historical Stock Chart
From May 2023 to May 2024