We are pleased to welcome Steven Cooper as our new chief executive. He joins from a distinguished career in Barclays (retail) bank. We thank and congratulate David Green for leaving the bank considerably stronger than he found it 16 years ago.
The balance sheet overleaf remains very strong, and reflects healthy profits in the year ending
March 2018. We continue to attract a good inflow of high quality new customers and attractive new
business (despite concerns over asset prices).