Metro Bank PLC Metro Bank - Board Update (5624P)
October 19 2021 - 7:54AM
UK Regulatory
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RNS Number : 5624P
Metro Bank PLC
19 October 2021
19 October 2021
Legal Entity Identifier: 213800X5WU57YL9GPK89
Metro Bank plc
Metro Bank - Board Update
Metro Bank ("the Bank") announces that Sir Michael Snyder will
step down as Senior Independent Director and Non-Executive Director
of Metro Bank plc, effective as of 31 October 2021, following six
years of service. Sir Michael has been a Non-Executive Director at
Metro Bank since 2015 and served as interim Chairman between
October 2019 and November 2020. During his tenure as interim
Chairman the Bank appointed a new permanent CEO, strengthened the
Board, improved gender diversity, announced a new strategy, and
instigated the response to COVID-19. The Board thanks Sir Michael
for his commitment and significant contribution during his
tenure.
As a result of his departure, Monique Melis will become the
Bank's Senior Independent Director, effective 31 October 2021,
subject to regulatory approval. Following her appointment as Senior
Independent Director, Monique will be replaced by the Board
Chairman, Robert Sharpe, as Chair of the Nomination Committee,
subject to regulatory approval. Monique has been a member of the
Board since July 2017 and served as interim Senior Independent
Director while Sir Michael served as interim Chairman.
Following the departure of Sir Michael Snyder, the Board will
comprise nine Non-Executive Directors, all of whom are independent,
and two Executive Directors.
Enquiries
Metro Bank PLC Investor Relations
Jo Roberts
+44 (0) 20 3402 8900
IR@metrobank.plc.uk
Metro Bank PLC Media Relations
Tina Coates / Mona Patel
+44 (0) 7811 246016 / +44 (0) 7815 506845
pressoffice@metrobank.plc.uk
Teneo
Charles Armitstead / Haya Herbert Burns
+44 (0)7703 330269 / +44 (0) 7342 031051
Metrobank@teneo.com
ENDS
About Metro Bank
Metro Bank services more than two million customer accounts and
is celebrated for its exceptional customer experience. It is the
highest rated high street bank for overall service quality and best
bank for service in-store for personal and business customers, in
the Competition and Market Authority's Service Quality Survey in
August 2021. It was recognised as 'Bank of the Year' at the 2020
MoneyAge Awards and 'Banking Brand of The Year' at the Moneynet
Personal Finance Awards 2021, received Gold Award in the Armed
Forces Covenant's Employer Recognition Scheme 2021 and won Best
Open Banking Partnership - Commercial at the inaugural Open Banking
Expo Awards 2021.
The community bank offers retail, business, commercial and
private banking services, and prides itself on giving customers the
choice to bank however, whenever and wherever they choose, and
supporting the customers and communities it serves. Whether that's
through its network of 78 stores open seven days a week, 362 days a
year; on the phone through its UK-based 24/7 contact centres; or
online through its internet banking or award-winning mobile app:
the bank offers customers real choice.
Metro Bank PLC. Registered in England and Wales. Company number:
6419578. Registered office: One Southampton Row, London, WC1B 5HA.
'Metrobank' is the registered trademark of Metro Bank PLC.
It is authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and Prudential
Regulation Authority. Most relevant deposits are protected by the
Financial Services Compensation Scheme. For further information
about the Scheme refer to the FSCS website www.fscs.org.uk. All
Metro Bank products are subject to status and approval.
Metro Bank PLC is an independent UK bank - it is not affiliated
with any other bank or organisation (including the METRO newspaper
or its publishers) anywhere in the world. Please refer to Metro
Bank using the full name.
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END
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