Leadership Transition at Alba Bank

Scottish fintech Alba Bank, headquartered in Glasgow, announced an important change in its leadership with Rod Ashley stepping down. This marks the beginning of a new chapter for Alba Bank, an company that has grown and evolved significantly under Ashley's stewardship.

Welcoming New Leadership

Stepping into the role of acting CEO is Jonathan Thompson, who brings a wealth of experience from the start-up and SME banking sectors. Thompson's appointment signals Alba Bank's continued commitment to innovation and growth, particularly in areas critical to the future of banking. His expertise and vision are expected to lead Alba Bank through its forthcoming critical phase, steering the institution towards new opportunities and challenges.

Joining Thompson in leading the bank into its new era is Dominic Wade, the newly appointed Chief Financial Officer. Wade, who transitions from Unity Trust Bank where he served in the same capacity, brings a deep understanding of the financial intricacies facing today's banks. His experience and strategic insight will undoubtedly be invaluable as Alba Bank continues to evolve and adapt in a rapidly changing financial environment.

Forward Momentum

Rod Ashley said: "

"I have enjoyed every moment of leading Alba from the early days but now is the right time to step aside"

His sentiments were echoed by Alba's Chair, Robert Sharpe, who thanked Ashley for his years of dedicated service and wished him the best in his future endeavors.

Jonathan Thompson, the acting CEO, expressed his enthusiasm for the challenges ahead, stating,

"I am delighted to take the reins at Alba and lead the bank through this next critical phase."