UK Finance has announced four new appointments to its Board.

The banking body confirmed that Barclays Bank UK CEO, Matt Hammerstein; Capital One UK CEO, Lucy-Marie Hagues; NewDay Group chief executive, John Hourican; and UK Country Lead for Stripe, Max Roberts, have all joined the Board.

Vim Maru of Lloyds Banking Group and Tracey McDermott of Standard Chartered have stepped down from the UK Finance Board with immediate effect.

UK Finance represents around 300 firms across the banking and finance industry, covering research, policy expertise and advocacy as well as operational and project implementation to enhance members’ own services where collective activity across the industry is appropriate.

Led by chair, Bob Wigley, UK Finance said that its Board has been developed to ensure senior and fair representation across the industry.

Commenting on the changes, Wigley said: “The banking and finance industry has provided unprecedented support to consumers and businesses throughout the pandemic and into the recovery.

“The UK Finance Board plays a vital role in enabling members to support their customers and wider society, and I welcome the new members and the expertise they bring to help UK Finance continue its excellent work.

“The Board would like to thank Vim Maru and Tracey McDermott for their significant contributions to the success of UK Finance during their terms and looks forward to welcoming our four new board members.”

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