Directorate Change

RNS Number : 1915G

Close Brothers Group PLC

23 July 2021

 

Directorate change

The board of directors of Close Brothers Group plc ("Close Brothers" or the "Company") is pleased to announce the appointment of Patricia Halliday as an independent non-executive director with effect from 1 August 2021.

On joining the board, Patricia will become a member of the board's Risk and Audit Committees. At the same time, and consistent with the Company's other independent non-executive directors, she will also become a director of the Company's Banking subsidiary, Close Brothers Limited.

Patricia has over 30 years' experience in risk management across the investment, corporate and retail banking sectors, both in the UK and internationally. She began her career at NatWest, followed by senior credit risk roles at Barclays Capital and then Deutsche Bank, including as Head of Leveraged and Structured Finance and Commercial Real Estate, and Chair of the Underwriting Committee, covering the UK, European and US markets.

Most recently, Patricia was Chief Risk Officer ("CRO") of Santander UK with responsibility for risk management and oversight across retail and commercial banking. Prior to Santander, Patricia was CRO of GE Capital International Holdings Limited, where she gained international non-executive experience at several European subsidiaries.

Mike Biggs, Chairman of Close Brothers, commented: "I am very pleased to be welcoming Patricia to the Close Brothers board. She brings considerable risk and commercial expertise and has a deep understanding of the regulatory, risk and governance environment in which the group operates. Patricia's skills and expertise will be a strong complement to the existing board and I look forward to working with her."

Patricia Halliday said: "I am delighted to be joining the board of Close Brothers. The company has a distinctive and successful model, and a strong culture focused on customers, partners and colleagues. I look forward to working with colleagues on the board and senior management to play a part in the group's ongoing development."

No other information is required to be disclosed pursuant to paragraph 9.6.13R of the Listing Rules in relation to Patricia's appointment as a director of Close Brothers.

Enquiries

Alex Dunn	Company Secretary and Head of Legal (Corporate & Bank Retail) Close Brothers Group plc	020 3857 6057
Sophie Gillingham	Director of Investor Relations Close Brothers Group plc	020 3857 6574

About Close Brothers

Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. We employ over 3,700 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.

 

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