Metro Bank announces Board changes

Maria Nikolova

Gene Lockhart and Stuart Bernau will step down as Non-Executive Directors with effect from May 18, 2020.

About a month after Metro Bank PLC (LON:MTRO) announced that Roger Farah decided to step down as a Non-Executive Director, the bank unveils further Board changes.

Today, Metro Bank announces that Gene Lockhart and Stuart Bernau will step down as Non-Executive Directors with effect from May 18, 2020. Gene Lockhart and Stuart Bernau will not be standing for re-election at the next Annual General Meeting.

Metro Bank also announces the appointment of three independent Non-Executive Directors, Anne Grim, Ian Henderson, and Nicholas Winsor. The appointments are effective April 20, 2020.

Anne Grim has spent over 30 years in senior financial services leadership roles at Barclays, Wells Fargo, American Express, Mastercard and most recently as Chief Customer Officer at Fidelity International. She is currently a Non-Executive Board member for Insight Investment, an Advisor to the Investment Association’s FinTech Velocity Accelerator and a Trustee on the UK Board of Opportunity International.

Ian Henderson has had a 30 year career in retail & business banking and wealth management. He is currently Chief Executive Officer of Kyckr, an Australian listed RegTech business providing know your customer (KYC) solutions globally to banks, payments services providers and other regulated businesses. He has been actively involved in the UK challenger bank sector holding CEO roles at Arbuthnot Latham & Co Limited; Kensington Mortgages; and Shawbrook Bank. Prior to this he was Chief Operating Officer of the Private Banking Businesses in Barclays Wealth and before that he was with RBS for 21 years. His final role there was as Chief Executive Officer of RBS International. He also held the positions of Chief Operating Officer Retail Banking and Marketing Director RBS & NatWest.

Nicholas Winsor has 35 years of retail and commercial banking experience with HSBC Group in a number of international markets and the UK. He was Chief Executive Officer and Vice President of HSBC Bank (Taiwan) Limited, Chief Executive Officer of HSBC’s businesses in the Channel Islands and Isle of Man, and a Director of HSBC Bank Middle East Limited. Prior to this, he was Head of Personal Financial Services for the Asia Pacific region. Nicholas is a Non-Executive Director of Schroder Oriental Income Limited and a member of its Audit, Management Engagement and Nomination committees.

After these changes, the Board (excluding the Chairman) will comprise eight Non-Executive Directors, all of whom are independent, and two Executive Directors.

Read this next

Digital Assets

Crypto exchange Bittrex exits US market amid regulatory woes

Bittrex said on Friday it plans to wind down operations in the United States and voluntarily liquidate because of the uncertain regulatory environment surrounding their business.

Institutional FX

Tradeweb completes integration of Nasdaq’s US fixed income platform

Tradeweb Markets has completed the technology integration of Nasdaq’s US fixed income electronic trading platform, formerly known as eSpeed, which it acquired two years ago in a $190 million, all-cash transaction.

Digital Assets

FTX Europe to allow client withdrawals via new website

The Cypriot unit of failed cryptocurrency exchange FTX has launched a new website that it says would allow customers to withdraw deposits of fiat currency and crypto assets after months of suspension.

Retail FX

Liquidators apply to cancel SVS Securities’ FCA license

An update published today by Leonard Curtis said the UK high court of justice has approve their application to bring the special administration of the failed wealth manager SVS Securities to an end.

Digital Assets

Japan forms government panel to pilot digital yen

Japan’s Finance Ministry has created an advisory panel to look at the feasibility of issuing a central bank digital currency, otherwise known as “CBDC”.

Digital Assets

USDC sees massive $10.4 billion outflows in March

Cryptocurrency traders have withdrawn more than $10 billion from the world’s second largest stablecoin, USDC, in less than three weeks even as concerns over the fallout from the Silicon Valley collapse have receded.


OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.


CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.


Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.