Vida Bank has named Stuart Sinclair, as its new chair, subject to regulatory approval.
Stuart has held numerous senior corporate roles, such as CEO of Tesco Bank and CEO of GE Capital UK’s consumer business. He has also been director of retail banking at RBS.
Currently, he is chair of both International Personal Finance and Willis Ltd. He has held board positions at LV, TSB, Lloyds Banking Group and Schroders Personal Wealth.
He takes over from Steve Haggerty who has been chair for nine years. Steve will remain on the board as a non-executive director until September 2025 to ensure a smooth transition.
“Opportunities to recruit someone of Stuart’s calibre and experience are rare. His extensive experience in leading some very well recognised financial institutions, combined with his deep understanding of the market, makes him the ideal person to guide Vida Bank as we look to scale the business,” said Anth Mooney, CEO at Vida Bank.
“I’d also like to take this opportunity to thank Steve Haggerty for his exceptional leadership over the past nine years. Steve’s dedication and thoughtful guidance has been instrumental in building Vida’s strong foundation and ultimately securing our approval to operate as a bank.”
Steve added: “It has been an incredible journey over the past nine years, and incredibly satisfying to serve as the first Chair of Vida Bank. I am immensely proud of what the team has accomplished in recent years and confident that the platform we have built will go on to deliver real growth and success in the future.
“I am fully confident that Stuart is the perfect person to take Vida on the next phase of its journey and I look forward to supporting the transition and watching the business thrive in the years ahead.”
