Biographies

Ron Sandler – Non-Executive Chairman

Ron was Chief Executive of Lloyds of London from 1995 to 1999, and was subsequently Chief Operating Officer of NatWest Group. He is Chairman of Pearl Group, Paternoster Ltd and Ironshore Inc.

Gary Hoffman – Chief Executive Officer

Gary is also Chief Executive Officer of Northern Rock (Asset Management) plc. 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.

Laurie Adams – Non-Executive Director

Laurie is a Non-Executive Director of Novae Group plc and Parex Bank, as the EBRD nominee. He was formerly a Non-Executive Director of Siblu Holdings Limited (formerly Haven Europe Limited) and Managing Director and Global Head of Legal and Compliance of the Investment Banking Wholesale Division at ABN Amro Bank.

Richard Coates – Non-Executive Director

Richard 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.

Mike Fairey – Non-Executive Driector

Mike was the Deputy Group Chief Executive of Lloyds TSB Group PLC from 1998 until his retirement in June 2008. Mike is also chairman of the Lloyds TSB pension funds, a Non-Executive Director of the Energy Saving Trust and Vertex Data Sciences and president of the British Quality Foundation.

Rick Hunkin – Executive Director – Chief Risk Officer

Rick has nearly 30 years experience in retail banking and was previously responsible for all aspects of risk management at GE Money UK Home Lending. Prior to this, he was an Executive Director at C&G plc. Rick is responsible for Risk, Compliance, Legal and Company Secretariat.

Mark Pain – Non-Executive Director

Mark is a Non-Executive Director of Punch Taverns Plc, Johnston Press Plc and LSL Property Services Plc, and a trustee at Somerset House. Mark was previously Group Finance Director of Barratt Developments Plc, and held a number of senior Executive and Board positions at Abbey National Plc including Group Finance Director and Group Sales Director.

Mary Phibbs – Non-Executive Director

Mary was previously Deputy Group Chief Credit Officer for Standard Chartered Bank based in London. In a 30 year career in Banking and Finance she has held a variety of senior Executive risk and business management positions with the Australia and New Zealand Banking Group Limited, the National Australia Bank Limited, Bankers Trust Australia Limited and the Commonwealth Bank Group. She is a Chartered Accountant and alumni of PWC and KPMG in London and Sydney.