Matt Ridley, chairman of the troubled UK mortgage lender Northern Rock, has resigned.Ridley will be replaced by Bryan Sanderson, who stepped down in November last year as chairman of Standard Chartered. Ridley will remain as chairman until Sanderson receives approval from the Financial Services Authority to succeed him.
Ridley offered his resignation in September, the bank said, but agreed to remain until Northern Rock had put new funding arrangements in place.
More on People
Job changes in the derivatives, regulation and risk industry throughout Asia
Appointment signals new direction for unit, says minister
Kamal Naqvi leaves dual roles amid Swiss bank’s exit from commodities
Other commodities moves at CME Group, Deutsche Bank & NextEra Energy
Sign up for Risk.net email alerts
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.