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Tookey takes chair at Alliance Trust Savings

Alliance TrustAlliance Trust Savings has appointed Tim Tookey as chairman of the Alliance Trust Savings Board. His appointment follows the decision for Alliance Trust Savings to become a standalone business with its own management and independent board.

Mr Tookey has a wealth of relevant experience, having spent more than 30 years in major financial and professional services organisations.

He is currently Non-Executive Director of Nationwide Building Society, having joined its board in June 2015. Prior to that, he spent three years as Chief Financial Officer at Friends Life Group and six years with Lloyds Banking Group, rising to Group Finance Director.

He has also held senior finance roles at Prudential and Heath Lambert Group and spent ten years at KPMG where he qualified as a chartered accountant in 1988.

Mr Tookey will work with Non-Executive Directors, Jonathan Anderson and Gregor Stewart, who joined the Alliance board in January.

Patrick Mill, Chief Executive of Alliance Trust Savings, said: “This is an exciting stage in the development of Alliance Trust Savings.

“The fact that we have been able to attract such high calibre board members illustrates the strength of our strategy and business proposition. Tim and Jonathan’s extensive experience, alongside Gregor’s expertise and knowledge of Alliance Trust Savings, complements the talent within our executive team and will be invaluable in driving the business forward to deliver a meaningful profit in 2016 and beyond.”

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