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N Brown Group has announced that following the appointment of Lesley Jones as chairman of Sainsbury’s Bank, she will step down from the board with effect from 31 March 2021.
Jones was appointed chair of Sainsbury’s Bank on 30 January 2021, succeeding Roger Davis, who informed the board last February of his intention to step down.
She had held a non-executive director position for N Brown since 2014, she still remains a non-executive director of Close Brothers Group. She is also an independent member of Moody’s Investor Services.
Commenting on her new role at Sainsbury’s Bank, Jones said at the time: “I am delighted to be joining Sainsbury’s, whose reputation as a values-led business attracted me to the role. I look forward to working with the Sainsbury’s Bank management team and to being part of the wider Sainsbury’s business.”
The news comes a week after N Brown announced that it will be expanding the number of brands to its third-party roster, including Finery, Nobody’s Child and Wrangler.
Finery is set to launch on Simply Be later this month, while Nobody’s Child will appear on the site in April 2021.
