OneSavings Bank (OSB) has announced that non-executive director Tim Hanford has tendered his resignation from the board, effective 31st December 2017.
Tim has spent nearly seven years in the role at OSB having joined the board in February 2011.
Tim is also a member of the nomination and governance committee.
Andy Golding, chief executive of OSB, thanked Tim for the contribution he had made to the success of the specialist bank.
“Tim has been a member of the board since OSB was created and has been a huge strategic influence on the bank’s outstanding journey to become the respected specialist lender and established FTSE 250 company that it is today.
“He will be missed, and I wish him well in the future.”
Tim’s resignation comes as he looks to focus on his other business interests, but said OSB had been an extraordinary success story.
“It has been a pleasure to have been part of the development of the bank from a struggling building society into the dynamic specialist that it is today.
“I leave OSB confident in its future, with an excellent management team and a strong board to guide its development.
“Working with Andy and his talented colleagues has been a great privilege.
“I now wish them all the very best in continuing to build on their successes to date.”
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