– UK, Peterborough – The Aldermore Group PLC (LSE:ALD), announces that Chris Patrick has been appointed as a Non-Executive Director of the Company with effect from 21 November 2016. Chris has also been appointed as a member of the Risk Committee and the Corporate Governance & Nomination Committee, and as a Non-Executive Director of Aldermore Bank PLC.

Chris’ appointment has been made pursuant to the terms of the Company’s Relationship Agreement with its principal shareholders comprising the AnaCap Funds. He replaces Neil Cochrane who was appointed by the AnaCap Funds and stepped down as a Non-Executive Director of the Company with effect from 14 October 2016.

Chris is a Partner at AnaCap Financial Partners LLP and brings over 25 years’ experience of financial services to the Board. Chris joined AnaCap in 2009 and heads the Risk & Liability Management Team, which assists the AnaCap Funds in funding, liquidity management, and monitoring key credit and market risks relating to their portfolio investments. Chris previously held roles at Lehman Brothers International, Credit Suisse First Boston, Nomura International and Goldman Sachs.

Glyn Jones, Chairman of Aldermore Group PLC, said: “I am delighted that Chris has joined the Board as a Non-Executive Director. Chris brings a wealth of financial services experience to the Board and this will be invaluable as we seek to build on our growth to date and continue to increase the support we are providing to Britain’s SMEs, landlords, homeowners and savers. The Board is very much looking forward to working with him.”

For more information : http://www.investors.aldermore.co.uk

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