Last checked at 30 Jan 2020 08:30
Date: 30 January 2020 8.30am
SANTANDER UK GROUP HOLDINGS PLC - BOARD CHANGE
Santander UK's Board of Directors today announced that, following a successful five-year term as Chair of Santander UK, Shriti Vadera has informed the Board of her intention to step down later this year.
Shriti was appointed Chair on 30 March 2015, having previously served as Independent Non-Executive Director and Deputy Chair from 1 January 2015.
In line with the Board's long-term succession plan and in order to facilitate an effective transition, Senior Independent Director Scott Wheway began an external search for her successor earlier this year. Shriti will continue as Chair of Santander UK until completion of a transition to her successor.
Shriti will join Prudential plc as a non-executive director from 1 May 2020 and is expected to be appointed Chair of the Board on 1 January 2021.
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Notes to editors:
Santander UK Group Holdings plc and Santander UK plc (together "Santander UK")
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