Alba Bank CEO Rod Ashley steps down after six years at the helm
Scottish challenger Alba Bank has announced that its CEO Rod Ashley has stepped down after more than six years in the role.
Jonathan Thompson has been named acting CEO of Alba Bank
Commenting on his departure, Ashley says that it’s the “right time to step aside”, with Robert Sharpe, Alba’s chair, adding that Ashley is moving on to pursue “other interests”.
The bank has named former Bank North co-founder and CEO Jonathan Thompson as its new acting CEO.
Established in 2018, Alba, which offers lending and savings services to SMEs, says Thompson brings “extensive start-up and SME banking experience” to the role, having previously also held senior positions at Santander UK, Deloitte and Lloyds Banking Group.
The Glasgow-headquartered bank says Thompson will now work to guide the company through its next “critical phase” of growth.
Alba recently tapped nCino’s cloud banking platform to power its lending operations and also partnered ClearBank for its SME payment management solutions.
Additionally, Alba has announced that Dominic Wade has joined the company as its new chief financial officer (CFO). Wade joins from Unity Trust Bank, where he held the same position.
The news comes just a few months after the bank made two new senior appointments, with Robert Sharpe named chair of the board and Andrew Lewis joining as its new chief risk officer (CRO).
