– UK – The Boards of UK Asset Resolution Ltd, Bradford & Bingley plc and Northern Rock (Asset Management) plc announce the appointment of Mr Christopher Fox as a Non-Executive Director of each Company, with effect from 20 September 2013. Mr Fox has been appointed by UK Financial Investments Ltd (“UKFI”) to manage HM Government’s shareholdings in the Companies and replaces Mr Jim O’Neil who stepped down from the Board on that date when he departed his role as Chief Executive of UKFI.
UKFI is responsible for managing the Government’s 100% shareholding and loans in UK Asset Resolution Ltd (“UKAR”) and its subsidiaries. UKAR was formed during 2010 to integrate the activities of Bradford & Bingley plc and Northern Rock (Asset Management) plc.
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