LHV UK Limited (‘LHV UK’ or the ‘Company), a leading banking services provider to over 200 fintech and crypto companies, is pleased to announce that Sally Veitch has been appointed to its board of directors as an Independent Non-Executive Director (‘NED’) from 1 July 2022. Sally Veitch will be the Audit Committee Chair and sit on both the Risk Committee (‘NED’) and the Remuneration Committee.
Sally is a seasoned Board Director and currently chairs the Audit Committee of Tipton & Coseley Building Society and acts as an advisor to the Board of Perenna, a start-up bank offering 30-year fixed-rate mortgages. She has been a chairperson of the Audit Committees at Redwood Bank, Amicus Finances, and Market Harborough Building Society in recent years.
Prior to her NED career she worked as a Financial Director for Home Retail Group between 2011-2015, where she delivered cost savings of 10% while overseeing profit growth by 43%.
Sally received a BA (Hons), in Natural Sciences, from Sidney Sussex College at Cambridge University in 1994. In 1997, she joined Coopers & Lybrand, where she qualified as an Accountant. She is a member of Institute of Chartered Accountants.
Sally is LHV UK’s third Independent NED appointment this year. Paul Horner (the former CEO at Coutts International) was appointed NED at the start of January. Keith Bitcher, a seasoned Chief Financial Officer joined in May.
Sally Veitch, and his family members, do not hold shares in AS LHV Group.
Madis Toomsalu is Chairman of LHV UK’s Board. “We are delighted to appoint Sally to the Board. Sally is an experienced Chair of Audit with a wealth regulatory, pre-licencing, and regulatory review experience. Furthermore, her Independent Non-Executive and Chair of Audit experience is a welcomed additional addition to the.”
Sally Veitch NED of LHV UK commented: “‘I am thrilled to be joining the LHV UK’s Board at this pivotal stage as they’re in the process of applying for a full UK banking license. LHV UK, a specialized banking service provider, has over 200 fintech-related companies. 20 of them are fintech unicorns. As such, it has a deep knowledge of the market and the clients. They also have an understanding of profitable growth opportunities. I look forward to further building on this solid foundation.“