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OneSavings Bank CFO stands down

by Rose Orlik

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17 Jun 2011

ONESAVINGS BANK has begun the search for a new chief financial officer after Bob Scruton announced he is standing down as from 30 June.

Scruton leaves the position after seven years and chairman Malcolm McCaig said: "He has played a pivotal role in the creation of OneSavings Bank, a bank run on mutual principles and jointly owned by Kent Reliance Provident Society in partnership with funds advised by JC Flowers & Co, and we would like to thank him for his dedication and hard work."

Glen Lucken is stepping into the breach as interim CFO, having held senior finance roles with Lloyds Banking Group, 3i and Barclaycard.

 

Visitor comments Add your comment

apprehension

one cannot help but wonder why senior staff are leaving the bank - do they know something that we savers do not. You cannot simply blame the current economic climate for the banks position. Business decisions and the people who took them must also be accountable.

Posted by: b.tanner, 03 Dec 2011 | 13:11

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