REG - Secure Trust BankPLC - Appointment of Independent Non-Executive Director

Secure Trust BankAnnouncement

27/10/2023 16:00

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RNS Number : 5899R  Secure Trust Bank PLC  27 October 2023

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

27 October 2023

 

 
SECURE TRUST BANK PLC

Appointment of Independent Non‐Executive Director

 

Secure Trust Bank PLC ("STB" or the "Company") announces the appointment of
Victoria Mitchell as an independent Non‐Executive Director of the Company
with effect from 1 November 2023. Vicky will also join the Remuneration
Committee and the Nomination Committee on the same date.

Vicky has many years of banking experience, gained predominantly during a
twenty-year career with Capital One (Europe) plc, during which she served as
Chief Legal Counsel, Chief Risk Officer and Chief Operating Officer.  She
sits on the Board and is a member of the Remuneration and Risk Committees of
the West Bromwich Building Society. She is also a member of the Audit &
Risk Committee, Nomination and Governance Committee and is Chair of the
Financial Services Board at N Brown Group plc. Vicky has recently joined the
Board of Vocalink Limited, where she chairs the Risk Committee and is a member
of the Audit Committee.

Vicky was previously a Non-Executive Director at Lookers plc, which gave her
considerable insight into the Motor Finance industry. She was a member of the
Audit and Risk, Remuneration and Nomination Committees throughout her tenure
at Lookers plc, was Chair of the Remuneration Committee from April 2021 to
September 2022 and was Chair of Lookers Motor Group Limited. She is a graduate
of Birmingham University

The Financial Conduct Authority and the Prudential Regulation Authority have
been informed of the appointment.

Lord Forsyth, Chairman, said:

"Vicky brings substantial banking, remuneration, risk and governance
experience acquired in her previous roles. She will complement the skills and
experience of the existing directors and further strengthen the Board and its
Committees. I am delighted to welcome Vicky to the Board and look forward to
the contributions she will make."

The Company was assisted in the recruitment process by Per Adua who were
appointed in May 2023 following a competitive tender.

The Company confirms that there is no other information about Victoria
Mitchell requiring disclosure under paragraph 9.6.13 (1) to (6) of the Listing
Rules.

‐ENDS-

 

Enquiries:

Secure Trust Bank PLC

Mark Stevens, Company Secretary

Tel: 0121 693 9100

 

About the Company:

Secure Trust Bank is an established, well‐funded and capitalised UK retail
bank with a 70‐year trading track record. Secure Trust Bank operates
principally from its head office in Solihull, West Midlands, and had 873
employees (full‐time equivalent) as at 30 June 2023. The Group's diversified
lending portfolio currently focuses on two sectors:

(i)            Business finance through its Real Estate Finance and
Commercial Finance divisions, and

(ii)           Consumer finance through its Vehicle Finance and
Retail Finance divisions.

 

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and the Prudential Regulation
Authority.

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.

 

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