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Close this content. Read full article. British Prime Minister David Cameron said on Wednesday that investigators must find out how disgraced former banker Flowers was allowed to hold his position as chairman of Britain's Co-operative Bank. William James and Matt Scuffham.
November 22, , PM. In this article:. More content below. David Cameron. Former prime minister of the United Kingdom born Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting. Recommended Stories. Atlanta Black Star. Yahoo Life.
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More mergers and acquisitions among the smaller UK banks would be a continuation of a process that began about three years ago and which, as evidenced by this week's takeover approach to Metro Bank by the private equity firm Carlyle Group, may have further to run.
Co-op Bank itself is no stranger to takeover approaches from financial buyers. Just about the first thing Mr Slape had to do on becoming chief executive was negotiate with Cerberus, the US private equity firm, which had expressed an interest in buying the bank but which eventually walked away just before Christmas last year.
Given that backdrop and the turnaround underway at the Co-op Bank - which prides itself on being the only high street bank with a customer-led ethical policy giving customers a say in how their money is used - it would be no surprise if Cerberus or another financial buyer were to come forward.
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Premier League: 10 things to look out for this weekend. Does cryptocurrency face regulation in ? Countries that could accept or BAN crypto. She was appointed as a director of the Bank on 24th September, She is the Chairperson of the Board Credit Committee. He has over 18 years experience as a lawyer and prior to joining Co-op Bank in , worked for a leading bank as a Legal Counsel. As the Company Secretary of the Co-op Bank Group, he has responsibility for the overall provision of legal counsel and company secretarial services, fraud prevention and investigations.
He is also the Trust Secretary for the Co-operative Bank Foundation, a corporate social responsibility vehicle of the Bank. Joined the Board of Directors in , having served in the Subsidiaries Board since Appointed Director on 27th April Joined the boards of the subsidiaries in May He is a businessman and a coffee farmer, with vast experience in farm management and coffee production.
He is a businessman and an Educationist. He holds a Diploma in Business Management and has experience in co-operative movement. She has served at the Ministry of Finance and continues to work with the Kenya Revenue Authority as a Revenue Officer, where she has served for over 32 years. He was appointed as a Director on 2nd August He is a seasoned career civil servant and has served in various positions in public service for over 35 years notably as a District Auditor, Deputy Director of Audit, Senior Deputy Commissioner for Co-operatives and is currently serving as Acting Commissioner for Co-operative Development.
He has conducted several special audits, investigations, inquiries, compliance audits and liquidations of co-operative societies. He has attended various local and international courses on co-operatives with emphasis on dairy and coffee management sectors.
He has a Diploma in Senior Co-operative Management. Michael Muriithi was appointed a Director on 26th April He has additional qualifications in accounting and project management. He has a strong base and wide knowledge in different fields of agriculture and natural resource management and has served in various capacities in both the academic field and Civil service in South Sudan spanning a period of over 30 years.
He holds a MSc. He is a seasoned finance and planning technocrat with a decorated service on financial matters in South Sudan. He is a holder of Bachelor of Science B. As the Company Secretary of the Co-op Bank Group, she had responsibility for overall provision of legal counsel and company secretarial services, fraud prevention and investigations as well as Trust Secretary for the Co-operative Bank Foundation, a corporate social responsibility vehicle of the bank.
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