– UK, Solihull – Secure Trust Bank PLC (AIM:STB), announces the appointment on 22 November 2016 of Ann Berresford and Victoria Stewart as independent Non-Executive Directors of the Company with immediate effect. Ann Berresford will join the Audit Committee and Victoria Stewart has been appointed to the Remuneration Committee.
Ann Berresford is a Chartered Accountant with a background in the financial services and energy sectors. She has held positions at Triodos Renewables plc, Hyperion Insurance Group, the Pension Protection Fund, Bank of Ireland Group, Clyde Petroleum plc and Grant Thornton. She is currently a non-executive director of the Bath Building Society and the Pensions Regulator and is an independent trustee to the Avon Pension Fund.
Victoria Stewart has for many years been a fund manager and investor in UK small companies. She has knowledge of corporate structures and capital markets with particular experience in smaller companies listed on the main market and AIM. She has held a number of positions at Royal London Group and Chiswell Associates (formerly Cantrade Investment Management Limited and now part of Sarasin & Partners).
Lord Forsyth, Chairman, said: “I welcome Ann and Victoria to the Board. Their experience will complement that of the existing Directors and will strengthen the Board following the step up to the main market on 12 October 2016. My colleagues and I look forward to working with the two new Non-Executive Directors.”
About Secure Trust Bank
Secure Trust Bank is an established, well-funded and capitalised UK retail bank with a 64 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 630 employees (full-time equivalent) as at 30 June 2016. The Group’s diversified lending portfolio currently focuses on two sectors (i) Business Finance through its Real Estate Finance, Asset Finance and Commercial Finance divisions and (ii) Consumer Finance through its Personal Lending, Motor Finance and Retail Finance divisions.
As at 30 June 2016 the Group’s loans and advances to customers totaled £1,128.3 million, customer deposits totaled £1,042.6 million and the Group’s total customer base exceeded 600,000.
For more information : http://www.securetrustbank.com
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