By Daniel Lanyon on Thursday 4 June 2020
UK Finance represents more than 250 firms in the banking and finance industry.
Other new board members are Ruth Leas, CEO at Investec Bank plc, Beatriz Martin Jimenez, Global IB COO & UK Chief Executive at UBS, Steve Hughes, CEO at Coventry Building Society, Anne Marie Verstraeten, UK Country Head BNP Paribas.
Paul Gallagher, ABN AMRO, Paul Lynam, Secure Trust, Peter Smith, Blockchain, Ian Stuart, HSBC, will be stepping down in line with the expiration of their terms agreed with UK Finance Board.
The UK Finance board, from 1 July 2020 will, therefore, have achieved equal gender representation.
UK Finance represents more than 250 firms in the banking and finance industry. The board is led by UK Finance Chair Bob Wigley.
Wigley, Chair of UK Finance, said: “More so than ever, it’s vital that the banking, finance and payments industry is able to support its customers, providing them with the finance they need during these difficult times.”
Ann Cairns, Chair of the 30% Club and Vice Chair of Mastercard said: “I am delighted to see the new appointees to the UK Finance Board. It is testament to a forward-looking board that they have reached gender balance in a few short years. All of the evidence shows that diverse boards achieve the best results and this latest development demonstrates UK Finance as an industry role model for its members.”