The UK government’s development bank, the British Business Bank (BBB), has appointed Jenny Knott as a non-executive director to the BBB plc board, effective from 14 December 2020.
Knott is a highly experienced board-level investment banker with over 30 years’ experience in banking and corporate finance.
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She has served as chief executive, chief financial officer and chief operating officer on the boards of global investment banks, financial services corporates and charitable organisations.
Knott is currently a non-executive director for SimplyHealth and Gresham Technology plc, for whom she is also the chair of the board remuneration committee, chair of the board audit committee in her capacity as trustee for Ovarian Cancer Action, and chairwoman ofEquiida, a global senior executive leadership advisory firm founded on the science that greater inclusivity improves business performance.
Additionally, she is co-founder of FinTech Strategic Advisors, and assists clients with their fintech investment and adoption strategies.
Knott said: “I am excited to be joining the British Business Bank’s Board as a non-executive director at such an important time for the UK’s smaller businesses and the wider economy.
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By GlobalData“I look forward to adding my expertise to an already highly accomplished team and working with an organisation that brings a huge amount of value to smaller business finance markets.”
Lord Smith, chair of the British Business Bank, said: “Jenny has a wealth of industry experience, and we are delighted to welcome her to the Board of the British Business Bank. As the Bank continues to grow, her extensive experience as a banker, co-founder and chair will bring fresh insight and valuable knowledge to our work.”
British Business Bank
The BBB was established in November 2014 and has supported nearly £8bn of finance to almost 94,800 smaller businesses at end of June 2020.
Since March 2020, the British Business Bank has launched four new Coronavirus business loan schemes, delivering tens of billions of pounds of finance to 1.5m businesses.
The British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).
