– UK, Solihull – Secure Trust Bank PLC (LON:STB), today announced the appointment of Baroness Neville‑Rolfe DBE CMG and Paul Myers as independent Non‐Executive Directors of the Company with immediate effect.
Lord Forsyth, Chairman, said: “I welcome Lucy and Paul to the Board. Their considerable and relevant experience will complement that of the existing Directors and will further strengthen the Board. Lucy and Paul bring expertise in banking, consumer facing business and governance to the Board and I look forward to the contribution that they will make as Non-Executive Directors.”
These appointments restore the number of STB’s Board directors to eight following the resignations of Sir Henry Angest and Mr Andrew Salmon as directors in August 2018. Following the appointments the Board will comprise two Executive Directors, five independent Non-Executive Directors and the Chairman.
About Lucy Neville‑Rolfe
Lucy Neville‑Rolfe has had a distinguished career in business and in public service. She spent 15 years at Tesco plc including over six years as a main board executive director. She has held senior positions in government and in the public sector. She became a member of the House of Lords in 2013 and was a minister in the Business and Culture Departments and in HM Treasury from 2014-2017. Lucy is currently a Non-Executive Director of Capita plc and was between 2010 and 2014 a Non-Executive Director of ITV plc and has also held other directorships.
About Paul Myers
Paul Myers has many years of banking experience, gained initially at Barclays Bank and then at Aldermore Bank where he was Chief Operating Officer and group Corporate Development Director. He is currently the Chief Executive Officer of GKBK Limited, which is a new banking venture. Paul is an Associate of the Chartered Institute of Bankers.
About Secure Trust Bank PLC:
Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 66 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 831 employees as at 30 June 2018. The Group’s diversified lending portfolio currently focuses on three sectors:
Business Finance through its Real Estate Finance, Asset Finance and Commercial Finance divisions
Consumer Finance through its Motor Finance and Retail Finance divisions and
Consumer Mortgages. As at 30 June 2018 the Group’s loans and advances to customers totalled £1,839.0 million, customer deposits totalled £1,645 million and the Group’s total customer base was over 1 million. Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
For more information : http://www.securetrustbank.com
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