Vanquis Banking Group PLC Non-Executive Director Appointment (6566W)
April 19 2023 - 2:00AM
UK Regulatory
TIDMVANQ
RNS Number : 6566W
Vanquis Banking Group PLC
19 April 2023
Vanquis Banking Group plc
Non-Executive Director Appointment
19 April 2023
The Board of Vanquis Banking Group is pleased to announce the
appointment of Sir Peter Estlin as a Non-Executive Director of the
Company with immediate effect/effect from 19 April 2023. Following
his appointment, Peter will become a member of the Nomination,
Audit and Remuneration Committees.
Patrick Snowball, Chairman of Vanquis Banking Group,
commented:
"I am pleased to welcome Peter to the Board of Vanquis Banking
Group and look forward to working with him. Peter has significant
experience across banking, finance and digital innovation and his
experience will be highly relevant as we continue the development
of the organisation as a specialist banking group."
Career summary
Following a 30-year career in banking and finance, Peter is an
extremely experienced leader, who was knighted in 2020 for his
services to International Business, Skills and Inclusion. He
qualified as an accountant with Coopers & Lybrand, where he
later became a Partner, before joining Citigroup where he held the
role of CFO for the Asia Pacific and, latterly, the Global
Corporate & Investment Bank businesses. From 2008 onwards,
Peter held senior roles at Barclays plc including Group Financial
Controller, CFO of the Retail & Business banking division and
acting Group CFO.
In 2013, Peter stood for election as an Alderman for the City of
London, a role he still holds today, serving on the Digital
Services, Finance and Education Committees. In 2016, he was elected
Sheriff of the City and as Lord Mayor in 2018. Since 2019, Peter
has pursued a plural career as a Non-Executive Director (NED). He
is currently an Independent Member of the Supervisory Board of
Rothschild & Co and a NED of the Institute for Apprenticeships
and Technical Education (IfATE).
Sir Peter Estlin commented:
"I am delighted to be joining the Board of Vanquis Banking Group
as a Non-Executive Director. It was the Group's successful
repositioning as a specialist banking group and its strong sense of
social purpose that really attracted me to the role. I am hopeful
that my experience across banking, finance and digital innovation
will enable the Group to continue its repositioning and digital
expansion efforts."
Enquiries:
Analyst and shareholders:
Owen Jones, Group Head of Investor Relations 07341 007842
Owen.jones@vanquisbankinggroup.com
Media:
Richard King, Vanquis Banking Group 07919 866876
Nick Cosgrove/Simone Selzer, Brunswick 0207 4045959
vanquisbankinggroup@brunswickgroup.com
The following information is disclosed in accordance with LR
9.6.13:
In accordance with the Listing Rules, there are no other matters
requiring disclosure under 9.6.13R of the Listing Rules of the
Financial Conduct Authority in relation to the appointment of Sir
Peter Estlin.
Notes to editors:
Sir Peter Estlin, career summary:
1972 - 82 Educated at King Edward's, Witley (a foundation
bursary boarding school) and the University
of Bristol
1982 - 94 Coopers & Lybrand (formerly Deloitte Haskins
& Sells); Chartered Accountant, Partner, (Bristol
and London)
1994 - 08 Citigroup Inc; Director Internal Audit, CFO
Asia Pacific, CFO Global Corporate & Investment
Bank (London, Hong Kong and New York)
2008 - 19 Barclays plc; Group Financial Controller,
CFO Retail & Business Banking, CFO Non Core,
Co-Head Finance, Acting Group CFO (London)
(Sabbatical
2018/19)
2013 - to date City of London Corporation; Alderman, Sheriff
(2016/17), Lord Mayor (2018/19)
2019 - to date Plural non-executive with appointments including
Rothschild & Co and IfATE
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