CO-OPERATIVE BANK - Key Persons
Job Titles:
- Member of the Executive Management Team
- Chief People and Sustainability Officer
Job Titles:
- Company Secretary
- Member of the Executive Management Team
Fiona Clutterbuck was appointed as a Non-Executive Director on 17 April 2023. Derek Weir stepped down as a Non-Executive Director on 31 July 2023.
The Bank regards Glyn Smith, Sir Bill Thomas, Sue Harris, Raj Singh and Fiona Clutterbuck as Independent Non-Executive Directors. Robert Dench has been regarded as an Independent Non-Executive Director since his appointment to the Board on 1 February 2018. He was appointed as Chair on 14 March 2018.
Job Titles:
- Chief Risk Officer
- Member of the Executive Management Team
Job Titles:
- Chief Information Officer
- Member of the Executive Management Team
Job Titles:
- Member of the Executive Management Team
- Corporate and Strategic Development Director
Job Titles:
- Senior Independent Director
- Chairman of the Joint Audit Committee
Nick Slape was appointed as Chief Financial Officer on 3 December 2018, appointed to the Board on 9 December 2019, and assumed full CEO responsibilities on 31 October 2020. Louise Britnell was appointed as Chief Financial Officer on 31 October 2020 and appointed to the Board on 1 March 2021.
Job Titles:
- Chief Financial Officer
- Member of the Executive Management Team
Job Titles:
- Chief Operating Officer
- Member of the Executive Management Team
Skills and experience: Significant experience in technology, digital, data and change with extensive experience of driving and enabling business transformation and efficiency through technology. In addition, Mark has a comprehensive background in customer operations and service. Career history: Mark has held several senior executive positions in the financial services sector, most recently as Chief Operating Officer at Hastings Insurance Services Limited. He was appointed as Chief Operating Officer at Virgin Money plc, following the restructuring and sale of Northern Rock plc to Virgin Money plc. Prior to joining Northern Rock plc in 2009 as Chief Operating Officer leading the technology and operations restructuring, Mark held senior executive positions at HBOS plc within Group Services and Group Technology, and was appointed Chief Executive Officer of Intelligent Finance Bank, part of the HBOS group. External appointments: None
Job Titles:
- Chief Executive Officer
- Chief Financial Officer
- Member of the Executive Management Team
Skills and experience: Extensive operational and financial experience in strategic and financial planning and control. Fellow of the Chartered Institute of Management Accountants. Career history: Nick has worked in the financial services sector in the UK and overseas for more than 30 years and throughout his career he has worked at a number of investment banks including Lehman Bros, Dresdner Bank, Deutsche Bank and Merrill Lynch. Most recently he spent five years as Chief Financial Officer of the Commercial Division at Lloyds Banking Group. He was appointed as Chief Financial Officer in December 2018, appointed to the Board in December 2019, and assumed full CEO responsibilities in October 2020. External appointments: None Louise Britnell Chief Financial Officer Appointed: March 2021 (Bank Board), October 2020 (CFO) Skills and experience: Over 20 years of experience working across a wide range of financial disciplines, including finance transformation, financial planning, taxation, reporting and control. Fellow of the Institute of Chartered Accountants in England and Wales. Career history: Louise joined the Bank in 2018 initially as Chief Accounting Officer, having been Deputy CFO at one of the UK's largest pension funds - Universities Superannuation Scheme, and its investment management subsidiary. Louise spent 13 years at Deloitte LLP as an external auditor. External appointments: None
Nick Slape was appointed as Chief Financial Officer on 3 December 2018, appointed to the Board on 9 December 2019, and assumed full CEO responsibilities on 31 October 2020. Louise Britnell was appointed as Chief Financial Officer on 31 October 2020 and appointed to the Board on 1 March 2021.
Skills and experience: International risk leader and board director with C-Suite leadership experience in banking, insurance, and asset management. He has served as an executive and chief risk officer in large, listed businesses, as well as in smaller and mid-sized businesses. Current knowledge of financial and technology risks affecting financial institutions as well as the broader conduct, operational and sustainability risk agenda. Career History: Raj has worked in the US and Europe in a range of second line risk and first line roles and brings an international perspective and diversity of thought. His career has spanned chief risk officer and executive committee roles at Allianz SE, Swiss Re, Standard Life Aberdeen and EFG Bank. He has served on the retail banking boards of Citibank in Germany and Belgium. He has chaired and been a board member of subsidiary entities at Standard Life Aberdeen, Swiss Re and Allianz. He was an early pioneer with regard to the sustainability agenda and ethical underwriting at Allianz SE, which at the time also included Dresdner Bank and Swiss Re. He has also served as Chair of Muscat Insurance Company, a listed insurance group in the Sultanate of Oman and as a Non-Executive Director of HSBC Bank Oman SAOG. External appointments: Independent Non-Executive Director of Allied Irish Banks, p.l.c, and member of the Risk and Sustainability committees. Independent Non-Executive Director and member of the Audit Committee of Vanguard Group (Ireland) Limited. Independent Non-Executive Director of AXA UK PLC. Chair of the Combined Risk Committees for AXA UK Insurance PLC and AXA PPP Healthcare Limited. Independent advisor for Accredere AG Switzerland. Fiona Clutterbuck Non-Executive Director Independent: Yes Committee Membership: Audit, Risk, Remuneration and Nomination Appointed: April 2023 (Bank Board) Skills and experience: Extensive corporate finance experience at leading UK and international investment banks, specialising in financial services. Fiona is a lawyer by training. Career History: Fiona has held many positions during her executive career, including Head of Strategy at Phoenix Group, Head of Financial Institutions Advisory at ABN AMRO, and Global Co-Head of Financial Institutions at HSBC Investment Bank. She has over fifteen years of experience as a non-executive director on various public company boards, including Chair of the Remuneration Committee at Hargreaves Lansdown, Senior Independent Director of M&G plc, and Chair of the Remuneration and Risk Committees, Senior Independent Director and latterly Chair of Paragon Bank plc. External appointments: Non-Executive Director and member of the Audit Committee of Sampo plc (a Nordic listed financial services company). Chair of AJ Bell plc and its Nomination Committee and a member of its Risk and Compliance and Remuneration Committees.
Skills and experience: Significant Board level strategic and financial experience including mergers and acquisitions, equity and debt capital structuring. Extensive investment banking experience. Career history: Richard has worked in investment banking for nearly three decades focussing on providing strategic advice to companies in the financial services sector. He has held a number of senior roles at Deutsche Bank and Merrill Lynch in their respective Financial Institutions Groups. External appointments: Chairman, Financial Institutions Group at Gleacher Shacklock LLP. Sebastian Grigg Non-Executive Director Independent: No Committee Membership: Risk, Nomination Appointed: January 2021 (Bank Board) Skills and experience: Investment banking experience. Career history: Sebastian was a banker with Goldman Sachs and Credit Suisse where he was Head of UK Investment Banking. He led the Credit Suisse team that advised HM's Treasury on the rescue recapitalisations of The Royal Bank of Scotland and Lloyds Banking Group in 2008. External appointments: Director of South Molton Street Capital Limited. Elected hereditary member of the House of Lords.
Job Titles:
- Member of the Executive Management Team
- Director, Internal Audit