Aldemore Bank has appointed Glyn Jones as its chairman.
Jones said: "I feel privileged to have been appointed as chairman and am excited to be part of the next stage of Aldermore’s development in supporting British homeowners and SMEs."
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Jones has been poached from Coutts. Beforehand he was general manager of International Private Banking at Standard Chartered Bank.
Phillip Monks, chief executive of Aldermore Bank, said: "I am delighted that we have been able to attract a chairman of Glyn’s calibre and experience. As we continue on our path of successful growth it is an exciting time for Glyn to be joining us and I am very much looking forward to working with him."
Aldemore Bank was bravely launched by its CEO back in 2009, in the middle of a credit crunch. Its backed by AnaCap and a consortium of funds including Morgan Stanley Alternative Investment Partners (Morgan Stanley’s Private Equity Fund of Funds business), Goldman Sachs Asset Management, Honeywell Capital Management, Ohio Public Employees Retirement System, Toscafund, and Lansdowne Partners.
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