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Danske Bank UK hires Martin Stewart as chairman

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  • 24/10/2022
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Danske Bank UK hires Martin Stewart as chairman
Danske Bank UK has appointed Martin Stewart (pictured, left) as its chairman taking on the role from the start of next year.

He takes over from current chair Gerald Gregory, who worked at the bank for around nine years.

Stewart has worked at Danske Bank as a non-executive director since 2020 and is also a non-executive director at Coventry Building Society.

Before that he was a managing partner at Clayton Stewart for around four years and an advisory board member at OakNorth for over four years. He has also held senior roles at the Bank of England and Financial Services Authority.

Danske Bank entered into the British mortgage market with a carbon neutral mortgage product earlier this year. It also lends in the social housing sector in the UK and syndicated lending space.

 

‘Danske…pursuing opportunities in the UK’

Vicky Davies (pictured right), CEO of Danske Bank UK, said: “On behalf of the board, I want to thank Gerald for his tremendous leadership over the past decade – a period in which we became a stronger bank, delivering significant growth.

“These were also challenging years, which included navigating unprecedented levels of change across the industry, rising regulatory demands, increased competition, Brexit and the pandemic.”

He added: “Martin is a well-known and respected figure in the UK financial services sector and I look forward to continuing to work closely with him in his forthcoming new position as chair.”

Stewart continued: “I am delighted to be taking on this role. It is a time of economic uncertainty and at Danske Bank we remain focused on supporting customers through what will be increasingly tough months ahead.

“The board will continue to put customers at the heart of everything we do, as we work alongside the senior management team to consolidate our leading position in Northern Ireland while pursuing opportunities in the rest of the UK.”

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