Metro Bank today announced that Robert Sharpe, Chair of the Board, has informed the Board that he will be stepping down from the Board at the end of his current six-year term effective from 31 October 2026.

Catherine Brown, current Senior Independent Director, will become Interim Chair of the Board and Nomination Committee, and Michael Torpey will take up the role of Senior Independent Director from 31 October 2026, in each case subject to regulatory approval. Together they will lead the search for a new Chair.

Robert Sharpe, commented:

“I have thoroughly enjoyed my time chairing the Metro Bank Board. It has been incredibly rewarding as the Bank has returned to profitable growth with a strong executive team, an exciting strategy and supportive shareholders. Metro Bank is now well placed for a successful future and it’s the right time for me to step away.”

Catherine Brown, commented:

“On behalf of the Board, Metro Bank would like to thank Robert for his wise counsel, commitment and dedication over the last six years and wish him well in his future retirement.”