(Alliance News) - Metro Bank PLC on Monday said it has appointed a new non-executive director but announced that long-serving Deputy Chair Alastair Gunn will step down at the end of the year.
Sally Clark joins the challenger bank on January 1. She was formerly the chief internal auditor at Barclays PLC.
Metro Bank added: "Prior to her time at Barclays, Sally held senior positions in risk and audit with Royal Bank of Scotland Group PLC and JP Morgan. She brings significant banking and risk management experience to the Metro Bank board."
Gunn, who as well as being deputy chair, serves as a non-executive director, will step down on December 31 following a 10-year stint on the Metro Bank board.
Metro Bank said: "The board wishes to thank Ben, as a founding non-executive director, for his significant and sustained contribution to the bank during his tenure."
Its the latest board room change for the firm, which earlier in December announced its Chief Executive Craig Donaldson will step down at the end of the year, with newly-appointed Chief Transformation Officer Dan Frumkin taking over on an interim basis.
Donaldson, who took over as CEO in 2009, will remain "available to the board as an advisor" until the end of 2020, the firm said in a statement.
The bank's founder Vernon Hill stepped down as chair with immediate effect in late October.
Shares in Metro Bank closed 0.6% higher at 207.80 pence each in London on Monday.
By Eric Cunha; ericcunha@alliancenews.com
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Barclays (BARC)
Metro Bank (MTRO)