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25 October, 2021 @ 6:00 pm - 7:30 pm BST
Vernon Hill of Metro Bank: An Evening in Conversation
Monday, 25 October 2021
18:00hrs
Vernon Hill of Metro Bank: An Evening in Conversation
Cost: Complimentary
About The Event
E2E is delighted to host Vernon Hill, the ‘P.T. Barnum of banking’, Knight of the Cavaliere Order of Merit of the Italian Republic and Founder of Metro Bank, for an interactive evening online.
Our CEO Shalini Khemka will have an exclusive interactive discussion with Vernon Hill; where she will be exploring in-depth the routes to business growth.
Vernon Started Commerce Bank in Cherry Hill, New Jersey, at the age of 27 with 1 office and 9 employees, with $1.5m raised, and when he departed the company after 34 years in 2007, the business sold later that year for $8.5bn.
Having Co-founded Metro Bank in 2007, Vernon led the charge in disrupting the UK retail banking industry, it being the first high-street bank to open in the United Kingdom for more than 100 years. Now, he’s doing it again with Republic First Bancorp in Philadelphia.
During the conversation we will discuss how Vernon Hill translates customer service into profit, the reason organic growth trumps growth through acquisition, and the future of the UK retail banking industry.
We are delighted to announce that Vernon has offered to send all attendees a free copy of his latest book ‘Fans Not Customers: How to Create Growth Companies in a No Growth World’, which should prove to be a fantastic read.
This event is brought to you by E2E in partnership with IWG PLC and Richard Morris, Chief Executive of IWG, who will also accompany me for the discussion.
Meet Your Guest Speaker
Vernon W. Hill, II
Founder of Metro Bank,
Often credited with reinventing American banking, Vernon Hill is the Founder and former Chairman and President of Commerce Bank. He founded the bank in 1973 as one-branch in Metro Philadelphia, with nine staff members and $1.5m in capital. The bank grew to 500 stores with 15,000 employees, a market capitalization
of $8.5bn and a 30+ year annual shareholder return of 23%.
Based on America’s most successful bank model, Vernon, his wife Shirley, and Duffy, their Yorkie, created Metro Bank and revolutionized U.K. banking.
Vernon is Chairman of Republic First Bancorp, Inc. (FRBK), now undergoing a major expansion in Metro New York and Metro Philadelphia. Republic Bank was recently named by Forbes as “America’s #1 Bank for Service”.
Shirley and Vernon are major investors in Seguso Vetri d’Arte in Venice, Italy, a 600-year-old family tradition of the finest Murano glass artists. The Hills have made it their mission to raise Seguso to world-class status and build an internationally recognized brand.
As a result of their work with Seguso, Italian President Sergio Matarella recently knighted Vernon Hill into the prestigious Cavaliere Order of Merit of the Italian Republic.
The Hills are one of the largest supporters of veterinary causes in the world, including:
At Penn Vet:
• The Hill Pavilion
• The Marshak-Hill Scholarship Fund, supporting a joint Penn Vet-Wharton MBA Degree
• The Penn Vet World Awards
In Britain:
• The International Canine Health Awards, sponsored by the UK Kennel Club Charitable Trust.
Vernon authored a book, “Fans Not Customers”, based on the theme “Creating a Growth Company in a No Growth World”.
Vernon is a graduate of the Wharton School at the University of Pennsylvania and a resident of Moorestown, NJ.
Meet Your Hosts
Richard Morris
CEO – IWG UK
Richard is the CEO of IWG UK. He joined in 2014 following his role as CEO of G4S’s UK & Ireland Division. IWG UK is the world’s largest provider of flexible workspace solutions offering a fast growing global network of 3,000 locations in 120 countries. Since joining, Richard has consistently delivered year on year growth for Regus’ UK division.
Shalini Khemka
Founder & CEO – E2E, Member of the Mayor of London’s Business Advisory Board, Deal Maker – UK Government
Shalini founded E2E in 2011. Her mission was to develop the largest and most active entrepreneurial community in the UK to enable extraordinary connections for entrepreneurs.
Under Shalini’s guidance E2E has become a trusted entrepreneurial community which has one objective: to unlock the full potential of ambitious entrepreneurial businesses by enabling extraordinary connections. It has developed into an exciting and thriving powerhouse of international entrepreneurs, investors and entrepreneurial non-execs, coupled with access to globally leading corporate services. E2E’s ecosystem has ambition and innovation at its core.
Shalini is also a Deal Maker for the UK Government, a Member of the Mayor of London’s Business Advisory Board, a Fellow of Burton & South Derbyshire College and a Judge for The Great British Entrepreneurial Awards. Before establishing E2E, Shalini co-founded the world’s first bank to bank trade finance platform. She was an Investment Director at LDC, the private equity arm of Lloyd’s Banking Group and held finance related roles at Deutsche Bank, Bankers Trust, Natwest Bank and Coopers & Lybrand.
