The British Business Bank has appointed Julia Bond as nonexecutive board director and chair of its remuneration committee.
Her appointment as board director was effective from 19 May, and she will assume the role of chair of the remuneration committee from 1 July, the bank said in its press statement.
Bond has extensive experience in global finance, public service, and long-term investment.
She currently holds nonexecutive positions at Impax Asset Management, International Public Partnerships, UK Strategic Command, and the Foreign, Commonwealth and Development Office.
British Business Bank chair Stephen Welton said: “Julia brings with her a great deal of capability and experience in both the private and public sector, and I am pleased to welcome her onto the board of the British Business Bank.
“She joins at a pivotal time for the bank, at which we are set to play an even bigger role in shaping the future of the UK economy as a major catalyst to drive growth and access to finance, whilst helping to crowd in greater institutional investment.”
Bond was previously a senior executive at Credit Suisse, where she led global fixed-income businesses and managed relationships with sovereign wealth funds, central banks, and institutional investors across Europe, Asia, and the Americas.
She has also served as a nonexecutive director for the National Health Service, European Assets Trust, and ACCA, where she chaired multiple board committees, including those focused on audit, remuneration, environmental, social, and governance, and risk.
Commenting on the new role, Bond said: “The British Business Bank occupies a practically unique position as a UK public sector organisation which operates in commercial finance markets, and I look forward to bringing my knowledge and expertise in each of those sectors to my new role.
“I am delighted to be joining the bank at an exciting time for the organisation, as it significantly expands the scope of its activities.”
Recently, the British Business Bank reached £5bn ($4.08bn) in lending through its ENABLE structured guarantee programmes.
These programmes, including ENABLE Guarantees and ENABLE Build, have delivered more than £3bn to businesses outside London and the South East of England, supporting small and medium-sized enterprises across the UK, the bank said.
“British Business Bank names Julia Bond as nonexecutive director” was originally created and published by Leasing Life, a GlobalData owned brand.
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