Sainsbury(J) PLC Directorate Change -- Sainsbury's Bank (9270I)
17 Dicembre 2020 - 08:00AM
UK Regulatory
TIDMSBRY
RNS Number : 9270I
Sainsbury(J) PLC
17 December 2020
17 December 2020
Directorate Change - Sainsbury's Bank
Sainsbury's Bank appoints Lesley Jones as new Chair
J Sainsbury plc announces that Lesley Jones has been appointed
as the new Chair of Sainsbury's Bank. Lesley will replace outgoing
Chair, Roger Davis, who in February informed the Board of his
intention to step down. Lesley's appointment as Chair is effective
from 30 January 2021.
Lesley has more than 35 years' experience in banking and was
Group Chief Credit Officer at RBS Group plc, between 2008 and 2014.
Prior to RBS, she worked at Citigroup Inc. where she held a range
of senior roles in relationship and risk management over a period
of 30 years.
Lesley is currently a Non-Executive Director of N Brown plc and
a Non-Executive Director of Close Brothers Group plc. She is also
an Independent Member of Moody's Investor Services ltd.
Martin Scicluna, Chairman of J Sainsbury plc, said:
"I am delighted to welcome Lesley as Chair of the Sainsbury's
Bank Board. Her extensive experience in banking will be highly
valuable to us as we work to deliver the five-year plan we set out
at our Capital Markets Day in September 2019.
"On behalf of the Board, I would like to thank Roger for his
stewardship over the past seven years. He played an important role
during the Bank's transition to its own flexible banking platform
and in driving the Bank's integration with Sainsbury's. We wish him
well."
Lesley Jones said:
"I am delighted to be joining Sainsbury's, whose reputation as a
values-led business attracted me to the role. I look forward to
working with the Sainsbury's Bank management team and to being part
of the wider Sainsbury's business."
Enquiries
Investor Relations: James Collins +44 (0) 20 7695 0080
Media: Rebecca Reilly +44 (0) 20 7695 7295
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END
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