Equiniti Group Secures Paul Lynam as Chief Executive Officer

Equiniti Group plc(“EQ”) today announces that it has appointed Paul Lynam as its new Chief Executive, effective 1 April 2021. Guy Wakeley who has been in the role since 2014 will step down with immediate effect by mutual agreement.

Cheryl Millington, currently an independent non-executive Director at EQ, has assumed the role of interim Chief Executive until Paul joins on 1 April 2021. Cheryl will work closely with Guy and Paul to ensure a smooth handover of responsibilities. Cheryl has been on the Board since 2018 and has deep technology and leadership experience. 

Paul boasts a wealth of experience, paying close attention to customer satisfaction and staff engagement as key levers of business success. Paul now serves as Chief Executive Officer at Secure Trust Bank (STB), a growth oriented bank which is currently focused on Retail Banking, Consumer Finance and SME lending markets, where he spent for over a decade. 

Before this role, Paul was appointed as Non Executive Director by Arbuthnot Banking Group PLC. During his career, Paul has also worked at RBS and Iombard.

Philip Yea, Chairman at EQ, commented: "I am very pleased that Paul has agreed to join EQ as Chief Executive. Prior to STB Paul led a range of diverse businesses including Lombard asset finance and the SME banking business of NatWest in the UK. He was one of the founding directors of UK Finance, the recognised trade body for the UK Financial Services industry. We are delighted to have attracted someone of Paul's experience to lead the Group."

"I am delighted to be joining EQ as its next CEO. The Group has a good reputation with strong customer loyalty and significant presence in its chosen markets. I can see clear potential for the Group and am particularly looking forward to leading a committed team as we look to take advantage of the opportunities ahead," said Paul Lynam.