LONDON, March 27 Aldermore, the fledgeling
British bank attempting to challenge the big players in small
business and household lending, has named former Coutts and
Standard Chartered banker Glyn Jones as its new
Aldermore was founded in 2009 and has established itself as
one of the more credible newcomers taking on Britain's high
Jones fills a void left after David Arculus stepped down as
Aldermore chairman in July, leaving director John Callender to
fill the role on an interim basis.
Jones was previously chief executive of Coutts Group, the
private banking arm of Royal Bank of Scotland, and was
general manager of international private banking at Asia-focused
He is currently chairman of Aspen Insurance Holdings, a
London-based specialty insurance firm listed in New York.
Aldermore was set up by former Barclays executive
Phillip Monks, with backing from private equity firms AnaCap and
Morgan Stanley Alternative Investment Partners.
(Reporting by Steve Slater; Editing by David Goodman)