CYBG PLC has announced that Geeta Gopalan and Darren Pope will be joining the bank as independent non-executive directors, while Amy Stirling has been named as a non-executive director.
All three will join the bank following the completion of CYBG’s recommended takeover offer of Virgin Money, which is expected to take place in Q4 2018.
They will each also join the board of Clydesdale Bank PLC, subject to the usual regulatory approvals.
In addition, following the completion of the Virgin Money share offer, Geeta will be appointed a member of CYBG’s risk committee and the Clydesdale Bank risk committee.
Meanwhile, Darren will become a member of the CYBG audit committee and of the Clydesdale Bank audit committee.
"We are delighted Geeta, Darren and Amy have agreed to join the CYBG board on completion of the offer,” said Jim Pettigrew, chairman at CYBG (pictured above).
“We believe the combination of CYBG and Virgin Money will be a powerful force in UK banking and the insight, expertise and experience of all three proposed directors will be invaluable as we bring both businesses together to create the first, true national competitor to the status quo."
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