Aldermore Chairman Glyn Jones to step down

Jones says the decision follows a review of his time commitments after his appointment as Non-Executive Chairman of Old Mutual Wealth.
 
He joined Aldermore in March 2014 and led the Company through its successful IPO and listing on the London Stock Exchange in March 2015 and its subsequent admission to the FTSE 250.

The Corporate Governance & Nomination Committee has already appointed a search agency to manage the process of finding a new Chairman. Additionally, in the event that the search for a permanent successor has not concluded by the effective date of Glyn's resignation, the Company's Senior Independent Director, Danuta Gray, will lead the Board as Interim Chair.
 
Phillip Monks, Chief Executive Officer of Aldermore Group, commented: "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 Jones added: "I have been delighted to work with the Board and management team over the last few years, and it has been a privilege to be part of the Aldermore 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."