Our mission

Our values

Welcome to positive change

Triodos Bank is one of the most sustainable banks in the world. We make money work for positive social, environmental and cultural change.

How we make a difference

Triodos Bank focuses its activities across three overarching themes: Environmental, Cultural and Social. Together, these cover a broad range of sectors – from renewable energy, organic farming and social housing through to retail, charities and education.

We lend to businesses and entrepreneurs from a variety of sectors all making positive impact.

It is embedded in our mission to only lend money to organisations in the real economy working to bring about positive and lasting change. To achieve this, we follow clearly defined criteria for our everyday lending decisions, making us accountable to our savers and investors.

Our positive approach to sustainable lending involves:

identifying sustainable sectors where we can stimulate innovation in business
selecting businesses and projects that will provide real social, cultural or environmental benefits
evaluating both the quality of the application and the motivation of the people applying for loans
ensuring selected projects meet our absolute criteria and minimum standards, which measure their potential effect on people or planet
financing clearly defined activities or projects within each organisation
monitoring closely how a loan is used
publishing the details of every single organisation we lend to; which means our savers and investors can see exactly how we’re using their money

Who won't we lend to?

We won't lend to any organisation that puts profit before people and planet. More specifically, the minimum standards we apply in making lending decisions come under two main headings:

Non-sustainable products and services

This includes all businesses involved in producing or trading in weapons, tobacco, pornography, fur or environmentally hazardous substances. It also covers the fossil fuel and the gambling industry.

Non-sustainable working practices

This covers everything from animal testing and inhumane farming methods, through corruption and support for dictatorial regimes, to breaches of fundamental labour rights.

A European bank with over 700,000 customers

Triodos Bank UK Limited is a wholly owned subsidiary of Triodos Bank NV and based in Bristol. Our head office is in Zeist, which is near Utrecht in the Netherlands, and we are established according to Dutch law.

Triodos Bank is structured and managed in a way that aims to safeguard our principles, values and objectives.

Depository receipt holders (DRH)

Since our creation, we have been an independent bank. To ensure the special character and mission of our bank remains protected, our shares are held in a dedicated Foundation, which issues depository receipts to anyone that wishes to buy them. Depository receipts are not listed on the stock exchange, but traded on our own platform. As of 2022, we have over 43,000 depository receipt holders.

SAAT

The Foundation for the Administration of Triodos Bank Shares (SAAT) manages all Triodos Bank NV's shares. To finance the shares, SAAT issues depository receipts. The Board of SAAT, Triodos Bank and its depository receipt holders communicate with, and meet, regularly. This happens informally and formally in meetings like the AGM and in meetings for depository receipt holders in the countries where we are active. Learn more about our governance.

Supervisory Board

The Supervisory Board oversees and reviews the activities and decisions of the Executive Board, the development of Triodos Bank’s operations, strategy development and the bank’s overall mission. The Supervisory Board also provides advice and guidance the Executive Board. The members of the Supervisory Board are independent; from each other, from the Executive Board, and from any other party or interest that might affect the Board's operation.

Group Executive Board

Jeroen Rijpkema

Chief Executive, Triodos Bank

Jeroen Rijpkema has been a statutory member of the Executive Board of Triodos Bank N.V. since 21 May 2021 and is Chair of this Board. He is also member of the Board of Stichting Triodos Holding. Jeroen is a member of the Board of the Dutch Banking Association. In addition, he is a Board member of Stichting Social Finance NL and Stichting Graaf Carel van Lynden (Keukenhof estate and Dutch bulb flower exhibition).

Jeroen is of Dutch nationality and owns 315 Triodos Bank depository receipts.

Kees van Kalveen

Chief Financial Officer

Kees van Kalveen has been a statutory member of the Executive Board and Chief Financial Officer of Triodos Bank N.V. since 25 January 2023.

Kees van Kalveen is of Dutch nationality and does not hold any Triodos Bank depository receipts.

Marjolein Landheer

Chief Risk Officer a.i.

Marjolein Landheer has been a statutory member of the Executive Board and Chief Risk Officer of Triodos Bank N.V. ad interim since 25 January 2023. Marjolein is currently a member of the Board of Natuurmonumenten.

Marjolein Landheer is of Dutch nationality and does not hold any Triodos Bank depository receipts.

Carla van der Weerdt

Chief Risk Officer*

Carla van der Weerdt has been a statutory member of the Executive Board and Chief Risk Officer of Triodos Bank N.V. since 17 May 2019. Carla van der Weerdt is currently a member of the Supervisory Board of DSW Zorgverzekeraar U.A. She is a former member of the Supervisory Board of Triodos Bank N.V.

She is of Dutch Nationality and does not own any Triodos Bank N.V. depository receipts.

*Carla van der Weerdt is currently recovering from the long term effects of a COVID infection.

Jacco Minnaar

Chief Commercial Officer

Jacco Minnaar has been statutory member of the Executive Board and Chief Commercial Officer of Triodos Bank N.V. since 28 September 2021. Prior to this role, Jacco was Managing Director and Chair of the Management Board of Triodos Investment Management and is currently a member of the management board of Hivos Triodos Fund.

Jacco Minnaar is of Dutch nationality and owns 20 Triodos Bank Depository Receipts.

Nico Kronemeijer

Chief Operational Officer

Nico Kronemeijer has been statutory member of the Executive Board and Chief Operational Officer of Triodos Bank N.V. since 28 September 2021. Prior to this role, Nico was Group Director ICT at Triodos Bank since 2013. In addition to this, Nico is member of the Supervisory Board of the Art Centre ‘it Toanhus’ in Friese Meren.

Nico Kronemeijer is of Dutch nationality and owns 7 Triodos Bank Depository Receipts.

Board of Triodos Bank UK Ltd

Gary Page

Chair and Independent Non-Executive Director

Gary became Chair of Triodos Bank UK Ltd in January 2019 in preparation for it assuming responsibilities for Triodos Bank’s UK activities. Prior to this he was a Member of the Supervisory Board of Triodos Bank N.V., and served on the Audit and Risk Committee, stepping down in May 2019.

Gary’s career has been predominantly in the banking industry. After joining Barclays Bank from University, he held numerous roles over 14 years at ABN AMRO Bank, including Chief Executive Officer of Global Markets and Global Head of Commercial Banking. He briefly joined RBS following its acquisition of ABN AMRO.

Gary has also held positions in the charity and public sectors, including Chair of Trustees for the Hoffmann Foundation for Autism (2010-2016) and Non-Executive Director and subsequently Chair of Norfolk and Suffolk NHS Foundation Trust (2012-2018), one of the largest mental health trusts in the UK.

Gary's term as Chair of Triodos Bank UK Ltd expires in 2025. He is of British nationality and does not own any Triodos Bank N.V. depository receipts.

Richard Burrett

Independent Non-Executive Director

Richard became Independent Non-Executive Director of Triodos Bank UK Ltd in January 2019 in preparation for it assuming responsibilities for Triodos Bank’s UK activities. Richard has worked in international finance for over 30 years. In his 20 years with ABN AMRO he developed extensive experience of project and structured finance, particularly in the energy and infrastructure sectors.

In the role of Global Head of Project Finance he was also instrumental in the creation of the Equator Principles, a market-recognised standard for managing environmental and social risk issues in project financing.

As Global Head of Sustainability, he chaired the group’s Sustainability Council and developed the bank's strategy on climate change and the carbon markets.

Richard is Chief Sustainability Officer at Earth Capital, a Fellow of the University of Cambridge Institute for Sustainability Leadership and Senior Adviser to the Earth Security Group.

He is a FMO nominated Non-Executive Board Director of Union Bank of Nigeria and has been Co-Chair of the UNEP Financial Initiative. He is also a Board Member of Forest Trends, a Washington-based not-for-profit organisation focused on market-based approaches to conservation. He holds a BA in Modern Languages and an MBA both from Durham University. He is of British nationality and does not own any Triodos Bank N.V. depository receipts.

Karen Furlong

Independent Non-Executive Director

Karen became Independent Non-Executive Director of Triodos Bank UK Ltd in August 2020. She is an experienced leader with a track record of success over 30 years. Her speciality is in digital transformation, strategy and change management. She has worked in most sectors, but has deep experience in financial services, particularly fintech.

She has significant experience in business transformation and agile delivery and has held various roles in financial services organisations, including board roles within Ireland and the UK. Her professional experience has included working for organisations such as Standard Life, Friends First, Educational Building Society, Cuna Mutual and Allianz Partners as well as NGOs, public sector and central and local government.

Karen is on the board of Progressive Building Society and Chair of AirPOS (a Software as a Service point of sale business). She has an INED position with The Personal Injuries Assessment Board (PIAB) in Dublin. Karen has served on the board of the National College of Art and Design (NCAD) and Dublin City University (DCU), as well as Capital Credit Union and Dublin’s Education and Training Board (DDETB). Karen lives in Belfast with her husband and daughter. She is of Irish nationality and does not own any Triodos Bank depository receipts.

Keith Bevan

Independent Non-Executive Director

Keith was appointed Independent Non-Executive Director of Triodos Bank UK Ltd in July 2022.

Keith is Vice Chair and Chair of the Audit and Risk Committee of South Lakes Housing Association, an organisation working to help solve some of the housing challenges of the southern Lake District. In 2021, he retired as Chief Risk Officer for Furness Building Society and has over 25 years’ previous experience in the life insurance market, with a focus on risk management.

In the last 10 years, Keith has supported a number boards in making financial, risk management and capital management transitions due to regulatory change. He lives in the Lake District, has a keen interest in supporting and improving the natural environment, and is a keen walker and cyclist.

Alessandra Mongiardino

Independent Non-Executive Director

Alessandra became an Independent Non-Executive Director of Triodos Bank UK Ltd in January 2023. She is currently Director of Financial and Strategic Risk at NatWest, having previously held senior positions at Nordea Bank in Copenhagen and HSBC Europe in London. Her extensive risk management experience also includes positions at Moody’s, Invesco, JP Morgan and the Bank of England. Alessandra holds a PhD in Economics from the University of Warwick.

Alessandra is originally from Italy and feels equally at home in Italy and the UK. In addition to her commitment to social causes, she has a keen interest in classical music and the visual arts.

Bevis Watts

Executive Director

Bevis Watts became Executive Director of the board of Triodos Bank UK Ltd in May 2018 in preparation for it assuming responsibilities for Triodos Bank’s UK activities. He moved into his the role of Chief Executive Officer in March 2019 upon transfer of Triodos Bank's UK Branch into its new subsidiary, Triodos Bank UK Ltd, in May 2019. Prior to this he was Managing Director of the Triodos Bank UK branch for three years, having previously been Head of Business Banking at Triodos for almost five years (2008-2012).

During his time as MD, the bank delivered strong growth, launched a new personal current account and a crowdfunding platform. He has 20 years’ experience in the wider sustainability field across the private, public and voluntary sectors.

Bevis has always worked for values-led organisations, and before Triodos was Chief Executive of Avon Wildlife Trust and Head of Business Support at The Waste and Resource Action Programme (WRAP). He has held numerous Directorships and Trusteeships and was a Board member of Bristol 2015, the delivery company for Bristol European Green Capital 2015, inaugural Chair of the West of England Nature Partnership, and he was elected to represent Local Nature Partnerships at a national level on the ESI Funds National Growth Board (2013-2015).

Sian Williams

Executive Director

Sian joined Triodos Bank UK Ltd in January 2021 as the Chief Risk Officer. Prior to this, Sian had spent 16 years at Lloyds Bank plc in various senior risk and compliance roles, including four years as Risk Director of the bank’s International Wealth business unit.

Sian brings over 20 years' financial risk and regulatory experience, gained working in the private and public sectors, both in the UK and internationally. She holds a Masters in Finance and an Economics degree.

Wibout de Klijne

Non-Executive Director

Wibout de Klijne was appointed as Non-Executive Director on the Triodos Bank UK Board in April 2022. Wibout is currently Director of Compliance for Triodos Bank N.V.

He joined Triodos in September 2019 after a long career at Rabobank. During his career Wibout has held positions in a number of different areas ranging from risk management and security to compliance in both first and second line.

He is a very open and positive person and results driven with a focus on the development of people. He is married with three children and lives in Heusden in the south of the Netherlands.

UK Management Team

Bevis Watts

Chief Executive

Bevis Watts became Chief Executive Officer of Triodos Bank UK Ltd, the wholly-owned subsidiary of Triodos Bank N.V., in May 2019. Prior to this he was Managing Director of Triodos Bank UK for three years, having previously been Head of Business Banking at Triodos for almost five years.

During his time as MD, the bank has delivered strong growth, launched a new personal current account and a crowdfunding platform. He has 20 years’ experience in the wider sustainability field across the private, public and voluntary sectors.

Judy Rose

Chief Operating Officer

Judy became Chief Operating Officer of Triodos Bank UK Ltd in May 2019, after 9 years as Triodos Bank UK's Head of Operations. She has responsibility for customer operations, large project implementation, facilities management and ICT services.

Judy has more than 20 years' experience as a project manager and developer in the financial sector, including several years with the Woolwich Building Society, and holds an MSc in Information Systems.

Judy first started working for Triodos' forerunner in the UK, Mercury Provident, in 1993, and returned to the bank in 2006.

Sarah Ball

Chief Finance Officer

Sarah was appointed Chief Finance Officer of Triodos Bank Ltd in December 2022, having initially joined the bank in May 2021 as a consultant and serving as Interim CFO since July 2022. Prior to this, Sarah spent 12 years at Nationwide Building Society in a variety of senior finance and risk roles, including five years leading the stress testing programme and latterly focused on cost optimisation and culture.

Sarah qualified as an accountant in 2003. Having spent an initial two years in public practice, Sarah was quick to realise her skills and aspirations were to be able to provide a more strategic, commercial and involved role. Sarah brings more than 20 years of experience in accounting, finance and prudential risk, gained from across financial services and travel and tourism sectors.

Sian Williams

Chief Risk Officer

Roger Hattam

Director Retail Banking

Roger Hattam joined Triodos Bank UK as Director of Retail Banking in September 2022. Roger has over 20 years of commercial experience in retail banking and insurance, including as Commercial and Operations Director at Bradford & Bingley PLC. Prior to joining the bank, he was Managing Director of A.J.Gallagher’s financial and employee communications consultancy. He also brings expertise from the energy sector, gained from leading the consumer division at npower and helping to establish new challenger companies in the UK.

Roger is Chair of the Board of Trustees for Christians Against Poverty, a national debt counselling charity. He has also helped to pioneer the development of low cost solar social enterprise in Africa.

Roger holds the Sustainable Finance qualification from the Cambridge Institute of Sustainable Leadership.

Phillip Bate

Director Business Banking

Phillip Bate is Director of Business Banking at Triodos Bank UK, managing a team of over 50 co-workers covering all aspects of lending, corporate finances, technical and securities, and operations. He first joined the business banking team in 2018 and was most recently the Team Leader for South West and Midlands. Prior to his roles at Triodos, Phillip worked across finance, risk and business banking departments at organisations including Lloyds Banking Group.

Phillip brings a broad range of experience, including underwriting, risk management and lending across asset classes. He is also a qualified chartered accountant with Chartered Institute of Management Accountants (CIMA). Phillip is a trustee for a Bristol-based charity providing alms housing and a board member of Bristol Green Capital Partnership.

Catherine Ridd

Director HR

Catherine became Director of HR in November 2022, having joined Triodos Bank UK in 2019 and been Acting Director of HR since February 2022. A qualified employment lawyer, she spent 10 years in private practice before joining TSB Bank as a senior HR lawyer before transitioning into a fully HR-focused role. Catherine is passionate about developing others’ potential. Her focus at Triodos Bank UK is on delivering our people strategy to support our mission by developing a culture in which every co-worker can thrive personally whilst supporting our customers to deliver ongoing positive, social and environmental impact.

Catherine is currently studying for an executive coaching qualification and is a mentor in the University of the West of England’s equity mentoring programme.

Zoe Ruthven

Director Marketing & Communications

Zoe joined Triodos Bank UK in July 2016, from Bristol City Council, where she headed up the office of the city’s first directly elected mayor, George Ferguson (2012-2016). This included leading the marketing and communications for Bristol’s year as European Green Capital (2015) with a brief to make sustainability mainstream.

She brings over 20 years’ experience in marketing communications to her role as Director of Marketing & Communications, across a range of sectors including financial services, retail, urban regeneration, tourism, sustainability and local government.

Zoe has previously held marketing roles with Lloyds Banking Group, PricewaterhouseCoopers, IBM and HBOS Financial Services. She was a founder director of Bristol-based Brandon Hill Communications, an award-winning, integrated agency acquired by Bray Leino in 2009.

Stefan Hargrave

Director Internal Audit TBUK, Head of Internal Audit Group Banking

Stefan joined Triodos in October 2018. He was previously Director of Internal Audit at Bupa, responsible for the transformation of the Internal Audit team within the Group and International Business. In accordance with good governance, Stefan reports directly to the Independent Non-Executive Director, Chair of the Audit and Risk Committee.

Stefan has over 15 years' experience in the financial services sector, with roles in insurance, re-insurance, asset management and payments. He is also an independent voluntary member of the Audit Committee of the Order of St John and St John Ambulance.

Our mission

Our values

Welcome to positive change

How we make a difference

A European bank with over 700,000 customers

Group Executive Board

Board of Triodos Bank UK Ltd

UK Management Team

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