British Business Bank appoints Neeta Atkar as a Non-Executive Director, 1 July 2016

Press release 01 July 2016

The British Business Bank today announces the appointment of Neeta Atkar as a non-executive director to the Board and the new Chair of the British Business Bank Board Risk Committee, effective from today.

Ms Atkar is Chief Risk Officer at TSB Bank. She is a member of TSB Bank’s Executive team, responsible for setting the Bank’s risk appetite, strategy and framework, and advising the Board and the Executive on risk and regulatory matters.

Ms Atkar has over 25 years’ experience in risk management and has held senior positions at a number of financial services firms, the Bank of England and the regulators.

I’m very excited to be joining the British Business Bank. Small businesses play a vital role in both their local community and the wider economy and I look forward to playing my part in enabling them to continue to thrive. Ms Atkar British Business Bank
We are delighted to welcome Neeta to the board. She brings a very broad perspective and experience to the risk area which will be very important as the bank grows and expands its areas of operation and, in particular, as we enter this period of increased uncertainty. Ron Emerson Chairman of the British Business Bank Board

Further Information

Notes to editors

About the British Business Bank

The British Business Bank makes finance markets for smaller businesses work better, enabling the sector to prosper, grow and build economic activity. Its objectives are to:

  • increase the supply of finance available to smaller businesses where markets don’t work well
  • create a more diverse and vibrant finance market for smaller businesses, with a greater choice of options and providers
  • build confidence in the market by increasing smaller businesses’ understanding of the options available to them
  • achieve this whilst managing taxpayer resources efficiently and within a robust risk management framework.

British Business Bank plc is a limited company registered in England and Wales, registration number 08616013, registered office at Foundry House, 3 Millsands, Sheffield, S3 8NH. It operates under a number of subsidiaries, including British Business Financial Services Ltd, registered in England and Wales, registration number 09174621, registered office at Foundry House, 3 Millsands, Sheffield, S3 8NH.

British Business Bank plc is the holding company of the group operating under the trading name of British Business Bank, and is a development bank wholly owned by HM Government. Neither British Business Bank plc nor its principal operating subsidiaries are authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). British Business Bank plc and its subsidiary entities are not banking institutions and do not operate as such.

More information, including a legal structure chart for British Business Bank plc and its subsidiaries, can be found on the British Business Bank website.