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Executive directors

Rabinder (“Ravi”) Singh Takhar

Position: Chief executive officer.

Skills and experience: Mr Ravi Takhar has over 25 years’ experience in the acquisition, growth, financing and disposal of financial businesses. Mr Takhar joined Bexhill UK Limited in 2002 and has led the growth of its business to its current size. Prior to creating the group, Ravi was an investment banker and head of Financial Services investment at Nikko, the Japanese investment bank, from 1998 to 2002 as well as chairman of Mortgages PLC, the mortgage lender. Mr Takhar was also head of Mortgage Principal Finance at Investec Bank PLC from 2005 to 2008. He qualified as a banking solicitor at Clifford Chance, a leading international law firm, and has an MA from the University of Oxford.

Tenure: appointed 2 June 2015, last elected December 2018.

Other current principal external appointments: Mr Takhar is currently a director of Urban Exposure plc and a non-executive director of Honeycomb Investment Trust PLC.

Re-election: This is required at the first AGM after appointment and every three years thereafter.

Termination: Termination of his contract is by either party with six months written notice.

Remuneration: This is set by the remuneration committee and is disclosed in the annual report.

Time requirement: He is expected to devote such time as is necessary for the proper performance of his duties.

Shareholding: He holds 11,458,333 ordinary shares in the group.

William (“Liam”) Leo McShane

Position: Part time chief financial officer and company secretary

Skills and experience: Mr Liam McShane has over 25 years’ experience as a chartered certified accountant and is responsible for all internal accounting and treasury management, as well as all monthly and annual accounting for the group. has been involved in providing tax and financial advice to Bexhill UK Limited since 2000, from 2002 as a partner in McShane Wright Chartered Certified Accountants having qualified as a chartered certified accountant in 1994. From 1989 until its merger with the British Insurance Brokers Association in 2012, he advised the Institute of Independent Insurance Brokers, an association for professional insurance intermediaries, providing tax and financial advice to the Institute, its members and professional advisers.

Tenure: appointed 2 June 2015, last elected December 2018.

Other current principal external appointments: Mr McShane is currently a Fellow of the Association of Chartered Certified Accountants. He is a director of MW Corporate Secretaries Limited. He is a member of the Bank of England Decision Maker Panel.

Re-election: This is required at the first AGM after appointment and every three years thereafter.

Termination: Termination of his contract is by either party with three months written notice.

Remuneration: This is set by the remuneration committee and is disclosed in the annual report.

Time requirement: He is expected to devote such time as is necessary for the proper performance of his duties.

Shareholding: He holds no shares in the group.

Non-executive directors

Mark Sismey-Durrant

Position: Independent non-executive chairman.

Skills and experience: Mr Mark Sismey-Durrant is a highly experienced business leader and banker, with substantial Board and Committee Chair experience (Risk, Audit, Nom/Rem). He has operated as CEO of three banks over 23 years and brings dual regulatory experience gained within UK retail and commercial banking and deposit taking in the UK and Channel Islands. He is a professionally qualified and trained banker with substantial specialist credit, deposits, risk management and governance experience. He is former CEO of Hampshire Trust Bank plc (which he led through a regulatory change of control in 2014), former Chairman and CEO of Sun Bank Plc (Part of Sun Life Financial of Canada) and former CEO of Heritable Bank Plc (Owned by Landsbanki hf). He is a former Director of the British Bankers Association and until recently Director and Chair of Audit and Oversight Committee for UK Finance.

Tenure: Appointed 12 December 2019.

Other current principal external appointments: Mr Sismey-Durrant serves as director at Advanced Payment Solutions Ltd, Brookburn Ltd and Bedford School Foundation.

Re-election: This is required at the first AGM after appointment and every three years thereafter.

Termination: Termination of his contract is by either party with three months written notice.

Remuneration: This is set by the executive directors and is disclosed in the annual report.

Time requirement: He is expected to devote such time as is necessary for the proper performance of his duties.

Shareholding: He holds no shares in the group.

Steven Hicks

Position: Independent non-executive director.

Skills and experience: Mr Steven Hicks has more than 40 years’ experience in Retail and Commercial Banking, with 12 years at Board level and has extensive governance, risk management and compliance knowledge. His previous Board roles were as Chief Operating Officer and Head of Risk at Arbuthnot Latham & Co Limited and CEO at Gentoo Genie Limited where he is now the Chairman. He is also currently an INED and Chair of The Board Risk Committee at the State Bank of India UK Limited.

Tenure: Appointed 12th December 2019.

Other current principal external appointments: Mr Hicks serves as a director at State Bank of India (UK) Ltd, Gentoo Genie Limited, Gentoo Genie Admin Limited and SMH Interim Management Limited.

Re-election: This is required at the first AGM after appointment and every three years thereafter.

Termination: Termination of his contract is by either party with three months written notice.

Remuneration: : This is set by the executive directors and is disclosed in the annual report.

Time requirement: He is expected to devote such time as is necessary for the proper performance of his duties.

Shareholding: He holds no shares in the group.

Ketan Malde

Position: Independent non-executive director.

Skills and experience: Mr Ketan Malde has more than 30 years’ Board level experience in the retail and specialist banking arena. Until April 2017, he was the Executive Board Director and Chief Financial Officer of Hampshire Trust Bank plc. His previous Board roles were as Chief Operating Officer and Finance Director of Heritable Bank plc and Finance Director of Sun Bank plc. He is the Chairman of the Audit Committee and member of the Remuneration committee.

Ketan is a Fellow of the Chartered Association of Certified Accountants and a graduate of the University of Leeds.

Tenure: appointed 1 September 2019.

Other current principal external appointments: Mr Malde is a director of Nesate Consultants Ltd.

Re-election: This is required at the first AGM after appointment and every three years thereafter.

Termination: Termination of his contract is by either party with three months written notice.

Remuneration: This is set by the executive directors and is disclosed in the annual report.

Time requirement: He is expected to devote such time as is necessary for the proper performance of his duties.

Shareholding: He holds no shares in the group.