BBB names two new directors
The British Business Bank (BBB) has appointed two new non-executive directors to its board.
Eilish Jamieson and Matthew Elderfield officially joined the BBB board on 21 and 22 November, respectfully.
Jamieson is an experienced audit and finance professional who has more than 25 years’ experience working in financial services.
Until 2016, she was head of audit at Goldman Sachs. She has also been a non executive director at the Financial Reporting Council.
“I am delighted to be joining the board of the British Business Bank, an organisation with purpose and commitment to enabling fairer access to finance,” Jamieson said.
Read more: FCA to review compensation limits
“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.”
Meanwhile, Elderfield has worked as a senior banker and financial regulator in the UK, EU and Bermuda. He was a member of the board at 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.
Read more: Metro Bank fined £10m by City watchdog
He has also acted as deputy governor and member of the commission (board) of the Central Bank of Ireland. Elderfield was also chief executive of the Bermuda Monetary Authority and worked at the UK Financial Services Authority in a number of roles involving banking supervision, markets policy and exchange and clearing house supervision.
“It is a privilege to join the board of the British Business Bank and support its mission of making financial markets work effectively for UK small businesses,” said Elderfield.
“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.”
Read more: British P2P “remains powerful”