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Board moves through April 7


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Board moves through April 7

S&P Global Market Intelligence presents an overview of board changes at European financial institutions. The changes are listed by announcement date in reverse chronological order.

April 6

* Van Lanschot NV nominated Manfred Schepers as a member of its supervisory board. Schepers worked at the European Bank for Reconstruction & Development from 2006 to 2016. His suitability screening has been completed by De Nederlandsche Bank NV, but shareholder approval is pending.

* Lloyd's of London nominated Gregory Fleming as a member of the council and Patricia Jackson as an independent nonexecutive director of the franchise board, both for an initial term of three years. Fleming, most recently the president of wealth management and asset management at Morgan Stanley, replaces Henrique Meirelles who resigned in 2016. Jackson, currently a senior adviser on risk governance and a member of the global regulatory network at Ernst & Young, replaces Claire Ighodaro, who retired in December 2016.

* Peter Norton has been appointed as a nonexecutive director at UK Asset Resolution Ltd., Bradford & Bingley Plc and NRAM Ltd., effective immediately. Norton, who replaces David Lunn, was appointed by UK Financial Investments Ltd. to manage the British government's shareholdings in these companies.

* The Croatian central bank gave approval to the appointment of Willibald Cernko as a member of the supervisory board of Erste Group Bank AG-owned Erste&Steiermärkische Bank d.d.

April 4

* StatPro Group Plc nonexecutive Chairman Carl Bacon is set to step down from his post and leave the group Nov. 29. Nonexecutive director Rory Curran will succeed Bacon.

* Thomas A. Gutzwiller was elected a member of the board of directors of Generali Personenversicherungen AG and Generali General Insurance Ltd. Karl Schönenberger stepped down as a board member of the two companies.

April 3

* After Cyril Roux's resignation, the Central Bank of Ireland named Bernard Sheridan acting deputy governor of financial regulation, effective April 8. Sheridan will assume his interim role in addition to his duties as director of consumer protection. Once the recruitment process for the role of deputy governor has ended, Sheridan will become director of corporate affairs. Ed Sibley, the director of credit institutions at the central bank, will take Roux's place on the European Central Bank supervisory board, while Gerry Cross, director of policy and risk, will replace Roux on the European Securities and Markets Authority and European Banking Authority board of supervisors in the interim. The central bank also named Peter Sinnott director of financial operations. Sinnott currently serves as head of the central bank's financial markets division.

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