Arden leaves

Metro Bank CFO quits days before results

Metro Bank
Metro will lose its CFO

Metro Bank’s chief financial officer David Arden has resigned his post just a week before the company unveils full-year results. He will leave the business on 1 April.

Marc Jenkins, deputy CFO, will assume responsibility for the finance function from today while the bank recruits an interim CFO

That process has begun and a further announcement will be made in due course.  The board will comprise of 10 members until a successor is appointed.

Metro Bank’s full year results will be announced on 23 February as planned and are expected to be in line with management expectations

Daniel Frumkin, CEO said: “On behalf of the board I would like to thank David for the important work that he has done to strengthen Metro Bank’s financial controls over the past two years.

” He has played an instrumental role in helping to deliver the bank’s strategic priorities and turnaround plan and leaves with our best wishes for the future.”

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