Home Economy Castle Trust Bank, a leading digital specialist lender, appoints Ken Stannard as a new iNED
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Castle Trust Bank, a leading digital specialist lender, appoints Ken Stannard as a new iNED

by uma


Castle Trust Bank is pleased to announce the appointment of Ken Stannard as an independent Non-Executive Director.

Ken is an experienced banker and iNED. His executive experience covers 33 years including CEO of Cabot Credit Management plus senior positions in Lloyds Banking Group, Capital One Bank, American Express and Oliver Wyman. Ken is currently on the Boards of Cepal Hallas, Verastar and Viewture. He will join the Board in July 2022, subject to regulatory permissions.

Richard Pym CBE, Chairman, said:
“It is a pleasure to welcome Ken to Castle Trust Bank. Ken’s appointment will broaden the extensive banking experience of the Board and his previous involvement in scaling businesses is the perfect complement to our ambitious growth agenda.”

Tim Hanford, Non-Executive Director and representative of shareholder J.C. Flowers & Co said:
“I am delighted that Ken has agreed to join the Board of Castle Trust Bank. This is testament to the growing reputation of the bank as a specialist lender, harnessing its proprietary technology to deliver personalised customer services. Ken joins the business at a time of record performance, and his experience will help accelerate and broaden our growth plans.”

Ken Stannard said:
“I am thrilled to be joining Castle Trust, a bank with a track record for innovation and a very exciting future. I am proud to be part of a bank that has such a vibrant culture and puts the customer right at the heart of everything it does.”

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