British Business Bank appoints Jenny Knott as Non-Exec Director

By Megha Bhattacharya

The British Business Bank announced the appointment of Jenny Knott as the Non-Executive Director (NED), effective from 14 December 2020. Knott is an experienced board-level investment banker with over 30 years’ experience in banking and corporate finance.

Jenny Knott said, “I am excited to be joining the British Business Bank’s Board as a Non-executive Director at such an important time for the UK’s smaller businesses and the wider economy. I look forward to adding my expertise to an already highly accomplished team and working with an organisation that brings a huge amount of value to smaller business finance markets.”

Currently, Knott is a Non-executive Director for SimplyHealth and Gresham Technology plc, for whom she is also the Chair of the Board Remuneration Committee, Chair of the Board Audit Committee in her capacity as Trustee for Ovarian Cancer Action. She is also the Chairwoman of Equiida, a global senior executive leadership advisory firm and the co-founder of FinTech Strategic Advisors.

Lord Smith, Chair of the British Business Bank, said, “Jenny has a wealth of industry experience, and we are delighted to welcome her to the Board of the British Business Bank. As the Bank continues to grow, her extensive experience as a banker, co-founder and Chair will bring fresh insight and valuable knowledge to our work.”

Recently, British Business Investments, a commercial subsidiary of the British Business Bank, announced a £30 million commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund.