Last checked at 30 Mar 2015 07:30
30 MARCH 2015
SANTANDER UK PLC
BOARD CHANGES
Further to the announcement made on 12 December 2014, Santander UK confirms that Terry Burns has today stepped down from the Santander UK Board and Shriti Vadera has succeeded him as Non-Executive Chairman.
Santander UK also announces that Chris Jones will succeed Rosemary Thorne as Non-Executive Chair of Board Audit Committee on 30 June 2015. He will join the Board as a Non-Executive Director with immediate effect.
In addition, José María Carballo has decided to step down as a Non-Executive Director with immediate effect.
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Notes to Editors:
Chris Jones CV
Chris Jones has significant experience in Financial Services, being former leader of the PwC Financial Services practice, EMEA, specialising in the audit of banks and other financial institutions since the mid 1980's. He is currently a Non-Executive Director of Redburn (Europe) Limited, an FCA regulated Company, their Audit and Risk Committee chair and is a member of their Remuneration Committee.
Additional information about Santander UK and Banco Santander, S.A.
Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone by market capitalization. Founded in 1857, Santander had EUR 1.43 trillion in managed funds, 107 million customers, and 12,951 branches - more than any other international bank - and 185,405 employees at the close of 2014. It is the largest financial group in Spain and Latin America. It also has significant positions in the United Kingdom, Portugal, Germany, Poland and the northeast United States. In the first half of 2014, Santander registered EUR 2.756 billion in attributable profit, an increase of 22% from the same period of the previous year.
Santander UK is a leading financial services provider in the UK and offers a wide range of personal and commercial financial products and services. As at 31 December 2014, Santander UK serves more than 14 million active customers with c. 20,000 employees and operates through 921 branches and 66 regional Corporate Business Centres.
Banco Santander, S.A. has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK continues to have its preference shares listed on the London Stock Exchange. Nothing in this announcement constitutes or should be construed as constituting a profit forecast.
Further information about Santander UK is available at the group's website: www.santander.co.uk.