DISCLOSURES OF INTEREST
Northern Irish personal banking
The CC has appointed two banking advisers - Jayne Almond
a member of the CC, who until recently worked in banking,
and Alastair Dempster who has retired from a career in banking
- to advise the Group and staff team on the inquiry. The work
is likely to include advising and commenting on papers prepared
by staff on aspects of the banking industry such as profitability,
switching and entry. They would not have a role in decision
making.
Jayne Almond ran Barclays mortgage business, which includes
Woolwich, from October 2003 until October 2004. She sat on
the Board of Barclays UK Bank until October 2004; this included
Barclays UK retail banking business. She was an Executive
Director of Barclays Personal Financial services until the
end of 2003. She has also worked for Lloyds TSB.
Alastair Dempster was employed by the Royal Bank of Scotland
from 1955 to 1986, his last position being Assistant General
Manager. He joined Lloyds TSB in 1986 and his last position
was as Chief Executive of Lloyds TSB Scotland plc. He was
also President of the Chartered Institute of Bankers in Scotland.
As Jayne Almond is a member of the CC, the Group would consult
her under paragraph 18 of Schedule 7 to the Competition Act
1998.
A disclosure of interest was published on the CC website
on 11 November 2005. No objections were received.
6 March 2006
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