LONDON - Metro Bank Holdings PLC (LSE: MTRO LN) has announced the appointment of Paul Coby as an independent Non-Executive Director, effective December 30, 2024. Coby, a seasoned Chief Information Officer, is recognized for his extensive experience in guiding digital transformation and technological advancements within several FTSE 100 companies.
Paul Coby's career includes significant roles such as CIO at British Airways, John Lewis (JO:LEWJ), and Johnson Matthey (LON:JMAT), and he currently holds the position of Chief Information Officer at Persimmon (LON:PSN) Homes plc. His previous governance experience includes serving as a Non-Executive Director at Clydesdale Bank and Virgin Money (LON:VM). Additionally, he contributes to the cultural sector as a Trustee of the Museum of London Archaeology.
Metro Bank's Chairman, Robert Sharpe, expressed enthusiasm about Coby's addition to the board, citing his valuable technology and leadership experience. Sharpe highlighted that Coby's expertise would be instrumental as Metro Bank embarks on implementing its growth strategies.
The board's composition following Coby's appointment will include five independent Non-Executive Directors, three shareholder-nominated Non-Executive Directors, and two Executive Directors. This change is part of the bank's ongoing efforts to enhance its governance structure and support its executive team.
The bank has confirmed that no further disclosures are required under the UK Listing Rules in relation to Coby's appointment. This news is based on a press release statement from Metro Bank Holdings PLC.
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