– UK, London – NBNK Investments plc – Further to the Company’s announcement on 21 November 2014 of the resignation of Mr. Wilbur L. Ross, Jr. as a non-executive director and Chairman of the Company, NBNK’s board has resolved that Mr. Stephen Johnson be appointed as a non-executive director of the Company.
Mr. Johnson, who will also become Chairman of the Company, is a private equity specialist within the WL Ross & Co Group and has worked with Mr. Ross on NBNK matters since certain funds managed by the WL Ross & Co Group acquired a significant holding in the Company in January 2013.
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