Nathan’s appointment to the Board, the Audit and Risk Committee and the Nominations Committee was announced on 9 March 2022, effective from 9 May 2022 and he joined the Safety, Environment and Sustainability Committee on 28 July 2022. He was appointed Chair of the Audit and Risk Committee with effect from 1 March 2023.

Relevant Skills and Experience:

Nathan has worked in financial services since the mid-1980s and brings a wealth of financial, commercial, risk and compliance expertise, particularly in large-scale customer-facing businesses. As required by the UK Corporate Governance Code 2018, the Board considers that Nathan has recent and relevant financial experience.

Previous Experience:

Nathan was Chief Executive Officer of Santander UK from 2014 until 2022. He joined Santander from The Royal Bank of Scotland plc (RBS), where he was an executive director and group finance director. He previously held the post of group chief risk officer, having joined RBS in 2009. Nathan served on the board of Abbey National plc (now Santander UK) as an executive director, from 2005 until 2009. He joined Abbey National plc in 2001, holding a number of senior positions including chief financial officer and executive director of finance, markets and human resources. Nathan is a chartered accountant and holds a BSc (Hons) in Mathematics.

External Appointments:

Strategic Adviser, Banco Santander.

Responsibilities:

Our Non-Executive Directors, through their diverse experience and skills, scrutinise the performance of management and constructively challenge and help develop our strategy. They uphold high standards of integrity and probity. They form the Audit & Risk, Nominations, Remuneration and SES Committees.