Jonathan Thompson is the new Acting CEO of Alba Bank as Rod Ashley Departs

Scotland’s Alba Bank undergoes leadership transition as CEO Rod Ashley steps down after a tenure exceeding six years. Ashley cites timing as the motive, asserting it’s appropriate to make way for new endeavors. Chair Robert Sharpe affirms Ashley’s departure is spurred by his pursuit of diverse interests.

Taking the helm as interim CEO is Jonathan Thompson, former co-founder and CEO of Bank North. With a background encompassing leadership roles at Santander UK, Deloitte, and Lloyds Banking Group, Thompson brings substantial experience in startup and SME banking to the fore.

In tandem with the leadership transition, Dominic Wade assumes the position of Chief Financial Officer, transitioning from Unity Trust Bank. These developments follow the appointment of Robert Sharpe as board chair and Andrew Lewis as Chief Risk Officer, underscoring Alba’s commitment to reinforcing its leadership team.

Alba Bank, founded in 2018 and headquartered in Glasgow, emphasizes Thompson’s role in navigating the institution through its pivotal growth phase. Recent collaborations with nCino and ClearBank signal Alba’s strategic approach to enhancing its lending and payment management capabilities.

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