UK Bank Boards Analysis, As of January 2021
UK Bank Boards Analysis, as of January 2021 Welcome to the eleventh, bi-annual Ridgeway Partners UK Bank Boards Analysis, as of January 2021. We list all non executive and executive board members, including their board roles, business backgrounds, nationality, gender and tenure. We have also included selected analytics on the 354 directors across the 36 banks. We have divided the sector into the following groups: Table 1a Largest UK Bank/Mutual Boards Table 1b Ring-Fenced and Non-Ring-Fenced UK Bank Boards Table 2 Mid-sized Listed UK Bank Boards Table 3 Subsidiary/Private Equity/Hedge Fund backed UK Bank Boards Table 4 Larger UK Building Societies and Leading Irish Bank Boards Table 5 ‘Neobank’/Fintech UK Bank Boards For this edition, we have added selected company and Chief Executive Officer highlights and analytics at the back of the document. UK Bank Boards Analysis as of January 2021 www.ridgewaypartners.com1 HEADLINES OVER THE LAST SIX MONTHS Context and macro themes • UK bank boards have continued to face an unpredictable period over the last six months with the ongoing developments of the COVID pandemic, uncertainties over Brexit, and broader economic and societal challenges. Banking margins and valuations continue to be under pressure, with government and regulatory policy having an impact. • Board evolution, succession and recruitment have continued across financial services and banking, although at a slower pace overall than earlier in 2020, as boards focused on the immediate challenges and more stability. • The banking sector in general, and bank boards themselves, have achieved a great deal over the last year: transferring to virtual working within weeks; supporting customers and large-scale government initiatives, and demonstrating commendable flexibility and resilience.
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