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Banking Competition Remedies appoints Richard Anderson as non-executive director

Source: BCR

Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland Alternative Remedies Package, today announces the appointment of Richard Anderson as Non-Executive Director to its board.

Richard will join the BCR leadership team alongside John Howard as one of two non-executive directors working alongside the board.

He is a former Chairman of the Institute of Risk Management and was also a partner in PwC, where he led the Strategic Risk Services Group in Europe, Middle East and Africa. He then went on to work in a variety of risk consulting practices, including setting up his own. He is currently an independent NED at Pay.UK where he chairs the Risk Committee and Security Sub-Committee. Until recently he was also Chairman of the Cheque & Credit Clearing Company. He has broad experience across many industries as an auditor and a consultant with a strong regulatory and governance background.

Godfrey Cromwell, Executive Chair of BCR said today: “We are delighted to have Richard join the board of BCR. His skills and experience are a complementary fit with our current board and his financial services, accounting and regulatory background are particularly appropriate to his chairing of our Risk and Audit Committee. We look forward to working with him”.

Richard Anderson took up his post on 13 January 2020.

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