Metro Bank ("the Bank") today announces that, after six years on the Board, Roger Farah has decided to step down as a Non-Executive Director with immediate effect.
The Metro Bank Board wishes to thank Roger for his contribution to the Bank. As a result of his departure, Catherine Brown will become Chair of the Remuneration Committee and Monique Melis will become Chair of the Nomination Committee, subject to regulatory approval. Monique will continue in her role as interim Senior Independent Director.
Following the departure of Roger Farah, the Board excluding the Chairman will comprise seven Non-Executive Directors, five of whom are independent, and two Executive Directors.