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."
Further reading
Glen Lucken is stepping into the breach as interim CFO, having held senior finance roles with Lloyds Banking Group, 3i and Barclaycard.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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