Sainsbury announces Lesley Jones as next Board Chair of Sainsbury’s Bank

– UK, London –  J Sainsbury plc (LON: SBRY) today announced the appointment of Lesley Jones as the new Chair of Sainsbury’s Bank, from 30 January 2021, replacing outgoing Chair, Roger Davis, who confirmed his intention to step down.

“I am delighted to welcome Lesley as Chair of the Sainsbury’s Bank Board. Her extensive experience in banking will be highly valuable to us as we work to deliver the five-year plan we set out at our Capital Markets Day in September 2019.” said Board Chairman, Martin Scicluna.

He added: “On behalf of the Board, I would like to thank Roger for his stewardship over the past seven years. He played an important role during the Bank’s transition to its own flexible banking platform and in driving the Bank’s integration with Sainsbury’s. We wish him well.”

About Lesley Jones

Lesley has more than 35 years’ experience in banking and was Group Chief Credit Officer at RBS Group plc, between 2008 and 2014. Before RBS, she worked at Citigroup Inc. where she held a range of senior roles in relationship and risk management over a period of 30 years.

Lesley is currently a 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 being part of the wider Sainsbury’s business.”

For more information: https://www.sainsburys.co.uk/

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