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Shawbrook Names Iain Cornish As New Chairman

6th Jul 2015 06:39

LONDON (Alliance News) - Lender Shawbrook Group PLC Monday named Iain Cornish as its new chairman, replacing former Royal Bank of Scotland Group PLC boss George Mathewson.

Cornish, a founding member of the Bank of England's Prudential Regulation Authority, is currently a senior independent director of debt manager Arrow Global Group PLC and of FTSE 100 wealth manager St James's Place PLC.

He was the chief executive of Yorkshire Building Society for eight years to 2011.

Mathewson, who chaired Royal Bank of Scotland Group between 2001 and 2006 after leading the bank as chief executive, oversaw Shawbrook's float on the London Stock Exchange in April.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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