5 Jul 2012 13:25
Date: 5 July 2012
On behalf of: OneSavings Bank plc
OneSavings Bank plc
Appointment
·; Independent Non Executive Director
The Board of OneSavings Bank plc, the mutual Bank, is pleased to announce that Rodney Duke ("Rod") has been appointed as an Independent Non Executive Director and Chair of the Bank's Risk Committee; the appointment is effective from 4 June 2012, following FSA approval.
Rod is an experienced FTSE 100 non executive director, with an extensive and highly successful background as a Group General Manager at HSBC, across most areas of financial services. His non executive director experience includes Alliance & Leicester plc where he was also a member of its Group Audit and Risk Committees and a member of its Treating Customers Fairly Forum.
Following his appointment, the OneSavings Bank plc Board comprises two executive and seven non executive directors.
Commenting on the appointments, Stephan Wilcke, OneSavings Bank's Chairman, said:
"We are delighted to welcome Rod to the Board. He brings with him a wealth of retail banking experience, following a career of over 30 years at HSBC. We look forward to working with him to continue to deliver our strategy of building on our mutual roots to create a truly connected banking business for the benefit of our members and customers."
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Enquiries:
Redleaf Polhill | Emma Kane | 020 7566 6700 |
osb@redleafpolhill.com |
About OneSavings Bank plc
·; Kent Reliance, krbs.com, Jersey Home Loans and Guernsey Home Loans are all trading names of OneSavings Bank plc. The Bank originates from mutual roots and has operated for over 150 years. Today it operates as a hybrid modern mutual bank, with core values in terms of treating its customers fairly and offering long term sustainable value for money, but with the capital advantages of a bank.
·; OneSavings Bank plc is registered at Reliance House, Sun Pier, Chatham, Kent (registered number 7312896) and is authorised and regulated by the Financial Services Authority (registered number 530504).
·; OneSavings Bank plc is a member of the Financial Services Compensation Scheme.
·; OneSavings Bank plc was formed as Sevco 5067 Limited on 13 July 2010; it changed its name to OneSavings Limited on 3 August 2010 and was converted to OneSavings plc on 8 October 2010 and became OneSavings Bank plc on 1 February 2011 and, following confirmation by the members of Kent Reliance Building Society (KRBS) and the Financial Services Authority (FSA), began trading as a bank on this date when the trade and assets of KRBS were transferred into the business.