- CEO Rod Ashley has stepped down from Scottish challenger Alba Bank after over six years in the role, stating that it’s the “right time to step aside.” Chairman Robert Sharpe mentioned that Ashley is leaving to pursue other interests.
- Former Bank North co-founder and CEO Jonathan Thompson has been appointed as the acting CEO of Alba Bank. Thompson brings extensive start-up and SME banking experience, having held senior positions at Santander UK, Deloitte, and Lloyds Banking Group.
- Alba Bank recently selected nCino’s cloud banking platform for its lending operations and partnered with ClearBank for SME payment management solutions.
- Dominic Wade has joined Alba Bank as the new Chief Financial Officer (CFO), moving from his previous position as CFO at Unity Trust Bank.
- The changes in leadership come after Alba Bank made two senior appointments a few months ago, with Robert Sharpe becoming the chair of the board and Andrew Lewis joining as the new Chief Risk Officer (CRO).