People Moves
Metro Bank Adds To Board Of Directors

Metro Bank, has appointed Roger Farah to its board as a non-executive director, helping lead the group which includes a growing private banking and wealth management business.
The new kid on the UK banking block, Metro Bank, has appointed
Roger Farah to its board as a non-executive director, helping
lead the group which includes a growing private banking and
wealth management business. (Read more on this division, here.)
As previous president and chief operating officer of Ralph Lauren
Corporation, Farah grew the company's market value from $1.2
billion to $18 billion. He is currently executive vice chairman
of Ralph Lauren Corporation, and has been a member of the
company's board of directors since 2000.
He previously served as chairman of the board and CEO of
Footlocker from 1994 to 2000. Prior to that Farah served as
president and COO of Macy's, chairman and CEO of Federated
Merchandising Services, chairman and CEO of Rich's Department
Stores and held several executive positions at Saks Fifth Avenue.
He is also on the board of directors of Aetna and Progressive
Corporation, and is a member of the executive committee for the
National Retail Federation.
“Metro Bank's strong growth model closely resembles that of many
successful retailers, and I look forward to providing hands-on
support and experience to the board and leadership team,” said
Farah.
Farah joins Metro Bank's other non-executive directors
including:
Lord Howard Flight, founder of Guinness Flight Asset
Management
Luke Johnson, chairman of Risk Capital Partners
Eugene Lockhart, former CEO of Midland Bank and MasterCard
International and former president, global retail banking at Bank
of America
Stuart Bernau, former retail director at Nationwide Building
Society
Ben Gunn, former CEO of Friends Provident Life & Pensions
Keith Carby, co-founder of J. Rothschild Assurance
James Reuben, residential and commercial property specialist
Vernon Hill, founder of Metro Bank and Commerce Bank
Metro Bank recently reported record growth, following a 128 per
cent increase in deposits in 2013 and its assets soaring to £1892
million (about $3145 million), up from £771 million at the start
of the year - an increase of 145 per cent. Read more on that
story, here.