- OakNorth appoints Lord Adair Turner as new chairman
- Plans to leverage Turner’s extensive track record in financial services for board strength and growth
- Lord Turner previously served on OakNorth’s advisory board, replacing Cyrus Ardalan as chairman
- Lord Turner’s roles include vice chairman of Merrill Lynch Europe, board director of Standard Chartered, and chair of the Financial Services Authority
- Contributed significantly to financial regulation post-Lehman Brothers collapse and played a central role in creating new banks
- First chair of the Committee on Climate Change, strengthening the UK’s 2050 targets
- Currently chairs the Energy Transitions Commission, Chubb Europe, and is a non-executive director of AESC
- Rishi Khosla, OakNorth CEO, emphasizes Lord Turner’s expertise for expanding into new products and supporting customer growth ambitions.
