May 9, 2019 / 11:10 AM / 4 months ago

ISS advises Metro Bank investors block pay report, abstain in re-election of CEO and chairman

LONDON, May 9 (Reuters) - Shareholder advisory group ISS has advised investors in British lender Metro Bank to vote against its remuneration report and abstain in votes on the re-election of four key directors, including its CEO and Chairman.

ISS advised investors to abstain on motions proposing the re-election of chairman Vernon Hill, chief executive Craig Donaldson and directors Stuart Bernau and Eugene Lockhart.

The advisory group also advised investors to abstain in a vote on the reappointment of PwC as auditors. (Reporting by Iain Withers, editing by Sinead Cruise)

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