Edition:
United Kingdom

Metro Bank investor Royal London To Oppose CEO, Chair at AGM


Friday, 17 May 2019 

May 17 (Reuters) - Metro Bank PLC ::INVESTOR ROYAL LONDON ASSET MANAGEMENT SAYS HAS DECIDED TO VOTE AGAINST THE RE-ELECTION OF EIGHT DIRECTORS AT AGM.RLAM SAYS CONTINUES TO HAVE SIGNIFICANT CONCERNS OVER GOVERNANCE AT METRO BANK.RLAM SAYS CONSIDERS ONLY FIVE OUT OF 11 METRO BANK DIRECTORS AS INDEPENDENT, DOES NOT CONSIDER THE CHAIRMAN TO BE INDEPENDENT.RLAM SAYS TO VOTE AGAINST RE-ELECTION OF METRO BANK CEO AND CHAIRMAN.