PayPoint today announced the appointment of Lan Tu to the Board of PayPoint plc as an additional independent Non-Executive Director with effect from 15 March 2024.
Following this appointment, Lan will serve as a member of the Nomination and Remuneration Committees together with the Audit Committee and its sub-Committee, the Cyber Security & Information Technology Committee.
Lan Tu is currently the Senior Independent Director at Shawbrook Group plc and a director of its subsidiary, Shawbrook Bank, a UK challenger bank. She is also an Independent Non-Executive Director and Chair of the Remuneration Committee at WNS (Holdings) Limited, a NYSE listed business process management company. Additionally, Lan is Vice-Chair of the College Council at King’s College London University.
Lan was a Non-Executive Director at Arrow Global Group plc from 2015 until 2021. Most recently, Lan was Chief Executive of Virgin Money Investors, a joint venture between Virgin Money and Standard Life Aberdeen plc (now abrdn plc). Previously, Lan also served as Chief Strategy Officer for Standard Life Aberdeen and held a number of senior roles in American Express. She started her career at the management consultancy McKinsey & Co.
Giles Kerr, Chairman, commented:
“On behalf of the Board, I am delighted to welcome Lan to PayPoint. Lan is an accomplished Non-Executive Director and brings with her a wealth of experience from a range of sectors that will enhance the Board, including experience of driving product innovation and development within the B2C and B2B payments and cards sector”.
