– UK, London – Santander UK Group Holdings PLC (LON: 83WK) today announced the appointment of William Vereker to the Board effective on October 1st, succeeding Shriti Vadera as Non-Executive Chair on November 1.
The company also announced the leave from the Board of Shriti Vadera on October 31, and of Scott Wheway on September 30.
“We are delighted to welcome William Vereker to Santander UK. William brings a wealth of global banking expertise combined with first-hand experience of the UK policy and regulatory landscape. He will be a real asset to Santander UK over the coming years as we embark on our ambitious transformation programme.” said Santander Group Executive Chairman, Ana Botin.
She added: “On behalf of the Board of Santander, I would like to express my gratitude to Shriti Vadera for her enormous contribution over the past six years. She has guided the bank through a period of transformation and has driven important cultural change, building on our record as a scale challenger in British banking.”
William Vereker said: “I am very proud to be joining Santander UK to oversee the next stage of its development. The current crisis has underlined the vital role that banks play in society, and now, more than ever, people and businesses across the UK are counting on our support. I am looking forward to building on the achievements of the last six years under Shriti’s leadership and am excited by the potential for Santander to transform UK banking for the better with new thinking and a determination to provide customers with a service that is second to none.”
William Vereker has had a thirty-year career in investment banking, working previously for Schroders, Lehman Brothers and UBS. He is currently Vice Chairman, Investment Banking Europe, Middle East and Africa for JP Morgan Chase, and in 2018-19 served as the Prime Minister’s Business Envoy.
Shriti Vadera has served as Chair of Santander UK since 30 March 2015. As announced previously, Shriti Vadera joined the board of Prudential on 1 May 2020 and will succeed as its Chair on 1 January 2021.
As announced previously, following his appointment as Chair of Centrica, Scott Wheway will leave the board of Santander UK on 30 September. An announcement regarding his successor as Senior Independent Director will follow in due course.
For more information: https://www.santander.co.uk/
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