Persimmon add Bank of England COO to board

Credit: Neil Hall/Reuters

Joanna Place, the Chief Operating Officer of the Bank of England, is joining the board of York-based homebuilder, Persimmon.

Effective from 1 April, Ms Place will join the board as an Independent Non-Executive Director. She will also join the company’s Remuneration and Nomination Committees on the same date and Chair the Corporate Responsibility Committee.

Since mid-2017, she has served as COO of the Bank of England with responsibility for the day-to-day management of the bank including finance, technology, information and physical security, human resources, property, and procurement.

She has over 30 years of experience at the Bank of England, including leading teams in banking, statistics and regulation. Before her appointment as COO she was the Bank’s HR Director for three years.

“Jo is an outstanding talent and Persimmon will benefit from the great breadth of her management experience, in human resources in particular, in the course of her 30-year executive career at the Bank of England,” said Persimmon Chairman, Roger Devlin.

“Her knowledge and insights will be invaluable to the business as we continue to implement our programme of progressive change. I am pleased to welcome Jo to the board.”