The former HM Treasury permanent secretary has joined the bank’s board as an independent non-executive director and chair designate.

Gledhill will join the board of the financial services company as an independent non-executive director in September.

CofE cites ‘disconnect’ in top pay; do purpose statements work?; banks and their governance mentions; Big Three fund managers ‘deferential’.

Glenn Hutchins, an American entrepreneur and investor, is to fill the board position vacated in July by Wall Street veteran Marty Chávez.