Aldermore director to step down in 2017

Aldermore director to step down in 2017




Aldermore has announced that Glyn Jones has tendered his resignation as non-executive chairman and director of the company.

Glyn will leave Aldermore on 6th February 2017 after deciding to step down following a review of his time commitments after his appointment as non-executive chairman of Old Mutual Wealth.

Aldermore’s corporate governance and nomination committee has already begun the search to find a new chairman.

Glyn joined Aldermore in March 2014 and led the challenger bank through its successful IPO and listing on the London Stock Exchange in March 2015.

Phillip Monks, the chief executive officer of Aldermore, paid tribute to Glyn’s time in charge of the bank.

"I would like to thank Glyn for the outstanding leadership that he has brought to the board during a pivotal time in Aldermore's history.

“His guidance, knowledge and experience have been invaluable in delivering our growth strategy and in our ongoing pledge to deliver banking as it should be.

“Glyn will be very much-missed and the board would like to wish him well for the future."

Glyn added that he was delighted to have been part of Aldermore’s journey.

“The company has grown and strengthened significantly during this time, delighting its customers and achieving strong, profitable and sustainable growth.

“I wish the Aldermore team every success in the further development of the business."

Aldermore also confirmed that Danuta Gray will lead the board as interim chair if a new chairman has not been appointed by 6th February.

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