SAINSBURY’S Bank have announced the appointment of a new chair, who will take over in 2021.
Lesley Jones will replace current Chair, Roger Davis who informed the Board earlier this year of his intention to step down.
Ms Jones will take up her new post from the 30th of January 2021, replacing Mr Davis.
Prior to RBS, she Ms Jones 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.
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.”
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.”