28 Feb 2012 16:16
Date: 28 February 2012
On behalf of: OneSavings Bank plc
OneSavings Bank
Directorate Changes
OneSavings Bank, the mutual Bank, today announces the appointment of Stephan Wilcke as Chairman with immediate effect. Stephan replaces Malcolm McCaig who remains on the Board as a non executive director.
Stephan Wilcke has been a non executive director of OneSavings Bank since 2011. Prior to joining the Bank, Stephan was Chief Executive Officer of the Asset Protection Agency (APA), an executive arm of HM Treasury. Prior to this he advised various central banks on issues relating to the global economic crisis. He was also a partner and Head of European Financial Services at Private Equity firm Apax Partners. Stephan started his career at management consultancy Oliver Wyman where he progressed to partner level.
Commenting on his appointment, Stephan Wilcke, said:
"I am delighted to have been appointed Chairman of OneSavings Bank and look forward to working with Andy Golding and the team to work on the growth of Kent Reliance."
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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.