Metro Bank Regulatory News (MTRO)

21 June 2017

METRO BANK PLC APPOINTS NEW NON-EXECUTIVE DIRECTOR

Metro Bank plc today announces the appointment of Monique Melis as an independent Non-Executive Director.

Monique is a Managing Director and the Global Head of Regulatory Consulting at Duff & Phelps, the global valuation and corporate finance advisor, and is a member of Duff and Phelps' Luxembourg Management Company Board. With extensive financial services and regulatory experience across established and growth markets, her appointments have included: executive board member at Kinetic Partners; roles within the Cayman Islands Regulator CIMA and Stock Exchange (CSX); the Markets and Exchanges division as the Financial Services Authority and the Surveillance Department at the Securities and Futures Authority.

A recognised industry expert, Monique advises banks, large global hedge funds and traditional asset managers, and is a specialist on internal controls, compliance and regulatory requirements.

Monique will join the Board with immediate effect. Her appointment brings the number of directors on the Board to eleven, including eight independent directors.

Commenting on the appointment, Vernon Hill, Metro Bank Chairman and Founder said: "Joining the revolution in British banking, Monique brings a rare combination of international regulatory and compliance expertise as well as proven entreprenuerial experience of founding and growing her own successful business. Her insight, knowledge and skills will complement the wealth of experience on the Board. I know she'll be a great addition to the Metro Bank family and look forward to working with her over the coming months and years"

Monique Melis added: "In less than seven years Metro Bank has proven that one of the oldest industries in the UK is ripe for disruption. The opportunity to create a better service for customers excites me and I'm thrilled to be joining the Board."

ENDS

For more information, please contact:

Metro Bank PLC Media Relations

Tina Coates

+44 (0) 7811 246016

pressoffice@metrobank.plc.uk 

Metro Bank PLC Investor Relations

Jo Roberts

+44 (0) 20 3402 8900

IR@metrobank.plc.uk

Tulchan Communications

Martin Pengelley/ Latika Shah

+44(0)20 7353 4200

metrobank@tulchangroup.com

About Metro Bank

Metro Bank operates retail hours, not banking hours. It is open seven days a week (8am- 8pm Monday to Friday, 8am - 6pm Saturday, 11am - 5pm Sunday and bank holidays), every day of the year apart from Easter Sunday, Christmas Day and New Year's Day.

Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. 'Metrobank' is the registered trade mark of Metro Bank PLC.

We're 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.