Alba appoints Jonathan Thompson as CEO

Alba Bank has announced that Rod Ashley is stepping down from his role as chief executive after six years in post.

He said that it was “the right time to step aside”, adding that he had enjoyed his time as chief executive.

Jonathan Thompson will take on the role of acting chief executive to lead the Scottish neobank. The company said he brings “extensive start-up and SME banking experience” to the role. Prior to joining Alba, Thompson held senior positions at Santander UK, Deloitte and Lloyds Banking Group.

Alba Bank also announced that it has hired Dominic Wade as chief financial officer. He joins the firm from Unity Trust Bank, where he held the same role.

“Rod has been a part of the Alba story for six years but has decided now is the right time to move onto other interests,” said Robert Sharpe, Alba’s chair. “He leaves with our thanks and best wishes.”

Last month, Alba Bank announced the appointment of Michael Mustard as general counsel and company secretary ahead of its planned market entry.

Having been granted its banking licence by the UK Prudential Regulatory Authority PRA and the Financial Conduct Authority in early 2023, the bank has spent the past year building out its team, operations and infrastructure, preparing for market entry in 2024.

Share Story:

Recent Stories

Safeguarding economies: DNFBPs' role in AML and CTF compliance explained
Join FStech editor Jonathan Easton, NICE Actimize's Adam McLaughlin and Graham Mackenzie of the Law Society of Scotland as they look at the role Designated Non-Financial Businesses and Professions (DNFBPs) play in the financial sector, and the challenges they face in complying with anti-money laundering and counter-terrorist financing regulations.

Ransomware and beyond: Enhancing cyber threat awareness in the financial sector
Join FStech editor Jonathan Easton and Proofpoint cybersecurity strategist Matt Cooke as they discuss the findings of the State of the Phish 2023 report, diving into key topics such as awareness of cyber threats, the sophisticated techniques being used by criminals to target the financial sector, and how financial institutions can take a proactive approach to educating both their employees and their customers.

Click here to read the 2023 State of the Phish report from Proofpoint.

Cracking down on fraud
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.

Future of Planning, Budgeting, Forecasting, and Reporting
Sage Intacct is excited to present FSN The Modern Finance Forum’s “Future of Planning, Budgeting, Forecasting, and Reporting Global Survey 2022” results. With participation from 450 companies around the globe, the survey results highlight how organisations are developing their core financial processes by 2030.