Biographies

R A Sandler CBE – Non-Executive Chairman

Ron Sandler was appointed as Non-Executive Chairman on 1 October 2008 having previously joined the Board as Executive Chairman on 22 February 2008. He is also Chairman of the Nominations Committee and a member of the Remuneration Committee. He was Chief Executive of Lloyd’s of London from 1995 to 1999, and subsequently was Chief Operating Officer of NatWest Group. He is Chairman of Pasternoster Ltd and Ironshore Inc.

L P Adams – Non-Executive Director

Laurie Adams was appointed to the Board as a Non-Executive Director on 29 November 2007. He is Chairman of the Risk Committee and a member of the Remuneration Committee. Mr Adams is a Non-Executive Director of Siblu Holdings Limited (formerly Haven Europe Ltd) and Novae Group plc. He was formerly Managing Director and Global Head of Legal and Compliance of the Investment Banking Wholesale Division at ABN Amro Bank.

M K Atkinson – Non-Executive Director

Kent Atkinson was appointed to the Board as a Non-Executive Director on 5 August 2008. Mr Atkinson is Chairman of the Audit Committee and a member of the Risk Committee. Mr Atkinson was previously Group Finance Director of Lloyds TSB plc, and subsequently a Non-Executive Director. Mr Atkinson is the Senior Independent Director of Coca-Cola HBC SA. He is a Non-Executive Director of Standard Life plc, Gemalto NV and Millicom International Cellular SA. He was the Senior Independent Director of Cookson Group plc and Telent plc (previously Marconi Corporation plc).

J R Coates – Non-Executive Director

Richard Coates was appointed to the Board as a Non-Executive Director on 5 August 2008. He is a member of the Audit and Risk Committees. Mr Coates was Managing Director of Baseline Capital Limited from 2003 to 2008, a specialist mortgage data analysis and modelling organisation. For the previous 30 years he was at KPMG UK, rising through various appointments to become Senior Partner, UK Head of Financial Services. He is a Non-Executive Director for Police Mutual Assurance Society Limited.

R J Davies – Non-Executive Director

Bob Davies was appointed to the Board as a Non-Executive Director on 10 October 2008. He is a member of the Nominations and Remuneration Committees. Mr Davies was Chairman of the CBI in the North East until December 2008 and is a Non-Executive Director of Barratt Developments plc. He was Chairman of Biffa plc, from 2006 to 2008 and Chief Executive of Arriva plc from 1998 to May 2006. Mr Davies was formerly a Non-Executive Director of British Energy Group plc and Northern Business Forum Limited.

J F Devaney – Non-Executive Director

John Devaney was appointed to the Board as a Non-Executive Director on 26 November 2007. Mr Devaney is Chairman of the Remuneration Committee and a member of the Risk Committee. He is Chairman of National Express Group plc, NATS Holdings Ltd, and was formerly Chairman of Telent plc (previously Marconi Corporation plc).

G A Hoffman – Chief Executive

Gary Hoffman, Chief Executive Officer, was appointed to the Board on 1 October 2008. Previously Group Vice-Chairman and Executive Director of Barclays plc, he joined Barclays in 1982 as a graduate in economics from Cambridge University. He is a Non-Executive Director of Visa Europe and Trinity Mirror plc and is a Trustee of the Charities Aid Foundation. He is also Vice-Chairman of Coventry City Football Club.

P J Remnant – Non-Executive Director

Philip Remnant was appointed to the Board as a Non-Executive Director on 22 February 2008. He is a member of the Audit and Nominations Committees. He is Chairman of the Shareholder Executive and is a Senior Adviser of Credit Suisse’s investment banking division in Europe. Previously, he was a Vice Chairman of Credit Suisse First Boston in Europe and was Director General of the Takeover Panel between 2001 and 2003. He formerly held senior investment banking positions with BZW and Kleinwort Benson.

T W Scholar – Non-Executive Director

Tom Scholar was appointed to the Board as a Non-Executive Director on 22 February 2008. He is a member of the Audit and Risk Committees. He was appointed Managing Director (International & Finance) at HM Treasury in January 2008. Prior to that, he was Chief of Staff and Principal Private Secretary to the Prime Minister. From 2001 to 2007 he was an Executive Director of the International Monetary Fund and the World Bank, and Minister (Economic) at the British Embassy in Washington, DC. From 1997 to 2001 he was Principal Private Secretary to the Chancellor of the Exchequer.