UK Public Interest Committee

The Public Interest Committee (PIC) is the firm’s public interest body. It provides independent oversight, challenge and advice to help ensure the firm takes proper account of the public interest in its decision‑making, supporting long‑term sustainability and resilience.

The terms of reference of the PIC can be found here.

The Public Interest Committee consists of not fewer than three independent non-executive members, the UK CEO and the Head of Risk and Quality.

Current members are set out below:

Lord Amyas Morse – INE and PIC Chair
Guy Jubb - INE
Devyani Vaishampayan – INE
Oliver Tant – INE
Caroline Plumb - INE
James Gilbey – UK CEO
Christos Vernardos – Head of Risk and Quality

The summary biographies of the INEs can be found here.

Independent Non-Executives (INEs) are members of both the PIC and Audit Board. For simplicity and clarity of roles we refer to all non-executives as INEs.

The PIC is one of the principal forums through which INEs discharge their responsibilities under the AFGC. The role of the INEs, the Firm's supporting obligations and escalation arrangements are set out in the Independent Non-Executive Charter here.

Changes since our financial year end 31 August 2026:

From 15 Sept 2026 all Independent Non-Executives (INEs) are now members of both the PIC and Audit Board.
Professor Guy Jubb will step down from the PIC on 31 October 2026 having concluded his nine year tenure.
Caroline Plumb – INE was appointed as an INE from 1 September 2026.
Mark Kennedy stepped down from his UK roles in August 2026 to focus on his Group responsibilities on a full-time basis. Christos Vernardos was elected as the new Head of Risk and Quality and a member of the UK Executive in July 2026, taking up his role on 1 September 2026. As part of this transition Christos replaced Mark as member of the PIC from 1 Sept 2026.