– UK, Bradford – Vanquis Banking Group plc (LON: VANQ) today announced the appointment of Sir Peter Estlin as Chair of its Board of Directors to succeed Patrick Snowball, who will step down in 2023. as soon as regulatory approvals.
“Sir Peter was the outstanding candidate for the Chair role. His experience will be valuable to the Board, and the Group, as we continue to develop as the specialist banking group for customers who find it difficult to access mainstream lenders,” said Senior Independent Director Andrea Blance.
Sir Peter will become the Chair of the Nomination Committee.
About Sir Peter Estlin
Sir Peter joined the Board as an independent Non-Executive Director in April 2023 and is an experienced leader, with a 30-year career in banking and finance, including as acting Group CFO for Barclays plc. He qualified as an accountant at Coopers & Lybrand, served as Lord Mayor of the City of London in 2018/2019, and was knighted in 2020 for his services to International Business, Skills, and Inclusion. Sir Peter is a practiced NED, an Independent Member of the Supervisory Board of Rothschild & Co, and a NED of the Institute for Apprenticeships and Technical Education.
Sir Peter Estlin said: “I am delighted to be appointed as Chair of Vanquis Banking Group, subject to regulatory approval. Since I joined in April, the Group’s strong social purpose of helping to deliver financial inclusion, and its role as a specialist banking group, has shone through. I look forward to working with the Board and the Group’s senior leadership as the Group continues to grow and deliver for its customers, colleagues, and shareholders as the leading specialist banking group for mid-cost and near-prime customers.”
Source: https://www.vanquis.co.uk/
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