Board of directors

The board is responsible for the group’s strategy and for overseeing the group’s performance. The board’s focus is on: strategy; development; growing shareholder value; oversight and control; and corporate governance.


    • All commitees
    • Executive committee
    • Remuneration committee
    • Audit committee
    • Nomination committee
    • Risk Advisory committee

Image of Malcolm Le May

Malcolm Le May

Interim Executive Chairman

Malcolm Le May

Appointed to the board in 2014

Committee membership
Remuneration committee
Audit committee

Chairman
Nomination committee

Key strengths:
Over 30 years’ experience in banking, asset management and insurance.

Previous board and management experience:
Co-head of banking for Barclays in New York; head of investment banking, Europe at UBS, global head of corporate and investment banking at ING Barings, deputy CEO at Morley Fund Management (now Aviva Investors), president of JER Europe, senior independent director of Pendragon plc and non-executive director of RSA Insurance Group plc.

Current external appointments:
Senior independent director of IG Group Holdings plc, non-executive director of Hastings Group Holdings plc, governor of Twyford School, senior advisor to Heidrick & Struggles, trustee of the Grange Festival and partner at Opus Corporate Finance and Juno Capital LLP.

Image of Andrew Fisher

Andrew Fisher

Finance director

Andrew Fisher

Appointed to the board in 2006

Committee membership
Executive committee

Key achievements:

  • Renegotiating and refinancing the group’s core bank facility resulting in an increased facility of £450m, an uplift of £67.5m, with a maturity date of May 2020.
  • Assisting and advising the nomination committee on the recruitment of a new non-executive director to assume the role of audit committee chair in 2017.
  • Overseeing the submission of the group and Vanquis Bank ICAAP to the PRA.
  • Ensuring the audit partner rotation was effectively implemented.
  • Realigning the role and responsibilities of the risk advisory group and the risk advisory committee which inter alia included transferring the review and reporting of conduct risk across the group from the risk advisory committee to the risk advisory group.

Previous board and management experience:
Finance director of Premier Farnell plc and partner at Price Waterhouse LLP.

Current external appointments:
Non-executive director of Arrow Global Group plc.

Image of Stuart Sinclair

Stuart Sinclair

Senior Independent Director

Stuart Sinclair

Appointed to the board in 2012

Committee membership
Audit committee
Nomination committee

Chairman
Risk advisory committee

Key achievements:

  • Extensive experience in financial services in the UK and overseas.
  • 10 years in US-based management consulting, 14 years as CEO or equivalent in retail banking organisations and seven years on financial services boards.

Previous board and management experience:
Chairman of GE Capital China and GE Capital Bank (UK), chief executive officer of Tesco Personal Finance, director of Virgin Direct, director of Retail Banking at The Royal Bank of Scotland, non-executive director at Liverpool Victoria and TSB plc and council member of the Royal Institute for International Affairs (Chatham House).

Current external appointments:
Senior independent director of Swinton Group Limited, QBE Insurance (Europe) Limited and QBE Underwriting Limited, non-executive director of Lloyds Bank plc, Lloyds Banking Group Limited, Bank of Scotland plc and HBOS plc.

Image of Rob Anderson

Rob Anderson

Independent non-executive director

Rob Anderson

Appointed to the board in 2009

Committee membership
Remuneration committee
Nomination committee

Key achievements:

  • Extensive retail experience and knowledge of the type of consumer served by the group.
  • Operational business experience which is relevant to the group’s businesses.

Previous board and management experience:
Director of childrenswear business unit of Marks & Spencer and chief executive of Signet Jewelers Limited’s UK Division.

Current external appointments:
None.

Image of John Straw

John Straw

Independent non-executive director

John Straw

Appointed to the board in 2017

Committee membership
Risk advisory committee

Key strengths:
John is an experienced digital entrepreneur who has a deep understanding of technology disruptors, digital transformation and adoption curves as it relates to companies and their digital channels.

Previous board and management experience:
Founder and chief executive officer of NetRank Ltd. Head of the digital advisory board of Premier Farnell plc, various digital transformation positions at Internet Marketing Ltd and chairman of the digital advisory board of Thomas Cook Group plc.

Current external appointments:
Senior advisor, digital transformation, at Mckinsey & Co, senior advisor at IBM, non-executive director of CTRLio Ltd and advisor to Bought By Many Ltd.

Image of Ken Mullen

Ken Mullen

General Counsel and Company Secretary

Ken Mullen

Appointed to the board in 2007

Committee membership
Executive committee

Secretary
Executive committee
Remuneration committee
Audit committee
Nomination committee
Risk advisory committee

Key achievements:

  • Reorganising the property and employment legal teams.
  • Developing a legal risk register and creation of a legal audit function.
  • Negotiating Heads of Terms to secure the redevelopment of the premises adjacent to the group’s head office in Bradford.
  • Overseeing the group’s participation in the Legal Social Mobility Partnership Work Experience Programme for 26 students from local schools in Leeds.
  • Joining the GC100 and taking part in a number of events.

Previous board and management experience:
Company secretary and general counsel of Premier Farnell plc, Silentnight plc and Whessoe plc.

Current external appointments:
Chairman of Rexel UK Limited Pension Scheme.

Image of David Sear

David Sear

Independent non-executive director

David Sear

Appointed to the board in 2017

Committee membership
Audit committee
Nomination committee
Risk advisory committee

Key strengths:
David is a well-recognised financial services professional having worked in the financial services sector since the 1990s. He has a strong track record as an executive of leading multicountry, technology led companies with a particularly in-depth insight into and experience in the payments sector. A key theme throughout his career has been digital transformation and customer engagement.

Previous board and management experience:
Group chief executive officer at Skrill Ltd (now Paysafe), and chief executive officer of Weve. Divisional managing director and chief executive of two divisions of Travelex, outsourcing and global business payments. Founder and chief operating officer at Worldpay.

Current external appointments:
Chairman of Bango (BGO) and chairman of Semafone. Non-executive director of Fintrax Group.

Image of Andrea Blance

Andrea Blance

Independent non-executive director

Andrea Blance

Appointed to the board in 2017

Committee membership
Nomination committee
Risk advisory committee

Chairman
Remuneration committee
Audit committee

Key strengths:
Andrea has held a variety of finance roles during a 29 year career at Legal & General Group plc. Latterly she led the strategy and marketing functions and prior to this she was group chief risk officer where she led contact with the regulator. She is a fellow of the Association of Chartered Certified Accountants and holds degrees from the London School of Economics and City University. Her experience of conduct risk and the regulatory agenda, particularly regarding customer outcomes, will be invaluable to the group in the current regulatory environment.

Current external appointments:
Non-executive director at Scottish Widows and Lloyds Banking Group’s insurance division where she also chairs the risk oversight committee.