Four new members have been added to the UK Finance board, while two serving members have stepped down.
Matt Hammerstein, chief executive of Barclays Bank UK, Lucy-Marie Hagues, chief executive of Capital One UK, John Hourican, chief executive of NewDay Group, and Max Roberts, UK country lead for Stripe, officially joined the board yesterday, 1 July.
Read more: Innovate Finance hires board member
Meanwhile Vim Maru, group director at Lloyds Banking Group, and Tracey McDermott, group head conduct, financial crime and compliance at Standard Chartered, have both stepped down following the end of their pre-agreed terms.
“The banking and finance industry has provided unprecedented support to consumers and businesses throughout the pandemic and into the recovery,” said Bob Wigley, chair of UK Finance.
“The UK Finance board plays a vital role in enabling members to support their customers and wider society, and I welcome the new members and the expertise they bring to help UK Finance continue its excellent work.
“The board would like to thank Vim Maru and Tracey McDermott for their significant contributions to the success of UK Finance during their terms and looks forward to welcoming our four new board members.”
UK Finance represents approximately 300 firms from the banking and finance industry in the UK. The board has been developed to ensure senior and fair representation across the industry.
Read more: LCF investors file complaint against the FCA