OSB Group PLC ( (GB:OSB) ) has issued an update.
OSB Group PLC has announced the appointment of Gareth Hoskin as a Non-Executive Director, effective from April 1, 2025, pending regulatory approval. Hoskin, with extensive experience in financial services, will join several key committees within the group. This move is part of OSB’s strategy to strengthen its market position, as it also prepares for the departure of Rajan Kapoor from the board. The appointment of Hoskin is expected to bring valuable insights and contribute to the group’s future growth, while Henry Daubeney is set to become Chair of the Audit Committee.
More about OSB Group PLC
OSB Group PLC, trading as OneSavings Bank, operates in the financial services industry, specializing in specialist lending and retail savings. The company targets high-growth market sub-sectors, including Buy-to-Let, commercial mortgages, and residential development finance, leveraging its expertise and efficient operating model. It is primarily funded through retail savings and diversified by securitization programs and the Bank of England’s Term Funding Scheme.
YTD Price Performance: 3.91%
Average Trading Volume: 840,766
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.55B
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