PCF Bank names non-executive director

With nearly five decades of experience, she holds non-executive director roles for other banks too

PCF Bank names non-executive director

Specialist lender PCF Bank has announced the appointment of Carol Sergeant (pictured) as an independent non-executive director.

Sergeant has nearly 50 years of experience in banking, notably spending 24 years at the Bank of England and seven years as chief risk officer at Lloyds Banking Group. She held various roles at the Bank of England, including being responsible for the worldwide supervision of major UK banking groups.

She also spent five years at the UK Financial Services Authority, first as director for banking supervision and latterly as board member and managing director for strategy, risk, authorisation, and enforcement. She has previously been a non-executive director on the boards of BNY Mellon SA/NV, TP ICAP, Secure Trust Bank, and Martin Currie Holdings.

Sergeant currently serves on the board as a non-executive director at Danske Bank A/S, where she is chair of the risk committee and member of the conduct and compliance committee. She is also a senior non-executive director at Belmont Green Finance Limited, where she is the chair of the risk committee and member of the audit committee too.

Read more: Belmont Green hires board member.

In addition to her roles within the financial sector, Sergeant also has roles in an advisory and charitable capacity for various organisations.

Simon Moore, chairman at PCF Bank, said they were delighted that Sergeant will join the bank and that the board looks forward to working with her.

“Carol’s experience and background in a regulatory and commercial capacity, at the highest level of our industry, will bring a fresh and experienced perspective to our thinking as we continue to consider strategies to bring certainty, and to maximise value for shareholders, with the highest standards of integrity,” Moore remarked.