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LONDON - Secure Trust Bank PLC (STB) appointed Steve Colsell as an independent non-executive director and member of the Audit and Nomination Committees, effective Thursday.
Colsell brings 40 years of financial services experience, specializing in banking and insurance. His executive career includes positions as divisional CFO at Lloyds Banking Group (LON:LLOY) plc, CFO for Insurance and Investment at HBOS plc, and Group Finance Director of Kensington Group PLC. He previously held senior roles at Zurich Financial Services.
Currently, Colsell serves as Chair of Family Assurance Friendly Society Limited (trading as OneFamily) and as a non-executive director at Pepper Money Group, where he chairs the Audit and Risk Committees.
His previous non-executive roles include positions at Quilter Financial Planning, where he chaired the Audit Committee, as well as directorships at Starling Bank and St James (LON:SJP)’s Place PLC.
Jim Brown, Chairman of STB, said, "Steve brings a wealth of accounting, risk and regulatory experience, combined with a strategic mind-set and proven leadership skills. He is a strong addition to the Board."
The company stated in its press release that there are no additional matters requiring disclosure pursuant to UKLR 6.4.8 of the Listing Rules of the UK Financial Conduct Authority.
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