Sainsbury’s appoints Lesley Jones as chair of banking arm

Sainsbury’s has appointed Lesley Jones as the new chair of its banking arm, effective from 30 January.

Ms Jones will replace outgoing chair, Roger David, who intends to step down.

Ms Jones has more than 35 years’ experience in banking and was group chief credit officer at RBS Group plc between 2008 and 2014. Prior to RBS, Ms Jones worked at Citigroup Inc. where she held a range of senior roles in relationship and risk management over a period of 30 years.

She is currently non-executive director of N Brown plc and a non-executive director of Close Brothers Group plc. She is also an independent member of Moody’s Investor Services ltd.

Lesley Jones said: “I am delighted to be joining Sainsbury’s, whose reputation as a values-led business attracted me to the role. I look forward to working with the Sainsbury’s Bank management team and to being part of the wider Sainsbury’s business.”