Cross border product and service provider STM Group has appointed Duncan Crocker to top out its non-exec governance team.
London-based STM was told by the Gibraltar regulator to boost its governance after a report identified compliance failings before the firm quit the jurisdiction and set up its HQ in London.
Crocker has spent the lion’s share of his career at Legal and General where he said he wanted to be “known and feared as the best in town”.
In 37 years at L&G, Crocker was latterly managing director of L&G’s UK intermediated housing and mortgage sector business, having previously headed up L&G’s UK intermediary and banking distribution division.
Robin Ellison, interim chairman, said: “I am delighted to welcome Duncan as non-executive chairman of the board.
“Duncan’s credentials speak for themselves. His strong corporate governance ethic and experience in stakeholder engagement and management, along with his detailed understanding of the intermediary and customer focused journey will undoubtedly add further value to an already enhanced board, having recently appointed Graham Kettleborough, ex-chief executive of Chesnara on 10th August 2018 as an independent non-executive director.”
Duncan Crocker added: “I am delighted to be joining STM and look forward to contributing to the next chapter of the group’s journey as it expands the business and its services in all chosen target markets.
“My role and vision is to ensure that STM has a robust framework of corporate governance which embraces strong customer ethics alongside diligent protection of all stakeholder interests as its progressive strategy is executed.”
In his current non-executive career Crocker has provided guidance and advisory as an independent non-executive director to a number of businesses, from Zurich Intermediary to London & Country Mortgages. Crocker also acts as an adviser to a number of fledgling fin-tech start-up businesses.
