British Business Bank Announces New Board Directors

The British Business Bank has appointed Eilish Jamieson and Matthew Elderfield as new non-executive Directors (NEDs) to the board of British Business Bank plc, effective from 21 and 22 November 2022, respectively.

Jamieson was previously the Head of Audit at Goldman Sachs, where she led strategic initiatives around internal control, risk management, change and transformation, culture, and governance for over a decade. She started her career at KPMG.

Elderfield has worked as a senior banker and financial regulator in the UK, EU, and Bermuda.

Matthew Elderfield has worked as a senior banker and financial regulator in the UK, EU and Bermuda. Elderfield was a member of the Management Board of Nordea between 2016 and 2022, most recently serving as Chief Risk Officer. Previously he was at Lloyds Banking Group in the role of Group Director, Conduct, Compliance and Operational Risk.

Jamieson said she is delighted to be joining the Board calling the Bank an organization with purpose and commitment to enabling fairer access to finance.

“Small businesses are the heart of the UK economy, communities, and innovation, and the British Business Bank plays a vital role in this. I look forward to adding my expertise to an already accomplished Board and Leadership team to further strengthen and develop the Bank’s role in supporting the Government’s agenda at this important time.”

Elderfield said it is a privilege to join the board to support its mission of making financial markets work effectively for UK small businesses.

“I very much look forward to working with my fellow directors, our government shareholder, and our many stakeholders to help the leadership team continue to deliver the bank’s crucial role in the UK economy.”

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