The Board of The Co-operative Bank plc announce the appointment of Dennis Holt as an independent non-executive director with an effective appointment date of 3 February 2014. Dennis will act as the Bank’s senior independent director.
Dennis's experience in banking and insurance spans 36 years as an executive and a further seven as a non executive director, involving a wide range of economic and competitive environments. He spent 31 years at LloydsTSB, latterly as Main Board Executive Director in charge of the retail bank. This was followed by 5 years at AXA as UK chief executive and a member of the global executive committee. As a non executive he has served amongst others as Chair of LV and of Bank of Ireland UK, as well as deputy Chair of Bank of Ireland plc. He is currently Chair of Beazley plc.
Richard Pym, Chair of Board commented “We welcome Dennis to the Board as our senior independent director. He has massive experience of retail banking and financial services and will contribute those skills to the rebuilding of The Co-operative Bank”.
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