NBNK Investments Chairman Wilbur Ross Resigns
November 21 2014 - 7:55AM
Dow Jones News
LONDON--NBNK Investments PLC (NBNK.LN) said Friday that Wilbur
Ross has resigned as a non executive director and chairman of the
company with immediate effect.
The company said Mr. Ross resigned to comply with European
Central Bank rules on board appointments. Mr. Ross has accepted an
appointment as a director of Bank of Cyprus (BOCY.CP).
NBNK Investments was formed to acquire assets that were being
divested by the Lloyds Banking Group (LLOY.LN).
Shares of NBNK Investments at 1222 GMT trading flat at 39
pence
Write to Tapan Panchal at tapan.panchal@wsj.com
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