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OSB starts search as CEO Andy Golding to depart by end of 2026

ALN

OSB Group PLC on Thursday said Chief Executive Officer Andy Golding will leave the company by the end of 2026.

The Kent, England-based bank said it has started the search for a new CEO, assisted by a third party.

Until his departure, Golding will continue as a board director and CEO and will ‘continue to focus on delivering the strategy...set out at the investor update in March 2025’, OSB said, including the 2025 and 2026 financial guidance and ‘medium-term aspirations’.

OSB confirmed the recent trading update for the nine months to the end of September that it is on track to meet 2025 guidance.

‘OSBG is an amazing bank with delivery for its customers, owners and staff at the very heart of what the group does. I am immensely proud to have been at the helm for the last 14 years, seeing the bank through initial stabilisation and growth, an IPO, major M&A activity and cementing its place as the UK’s biggest and best specialist lender,’ said CEO Golding.

Chair David Weymouth said: ‘Andy has made invaluable contributions in the creation of the OSB Group over the last 14 years. As the founding CEO of the group his strategic vision and leadership have been critical in transforming the group, overseeing significant growth in deposits, loan originations and overall market position, delivering significant shareholder value and shareholder returns of £1.2 billion since 2019.’

Shares in OSB Group were down 1.8% at 549.50 pence on Thursday morning in London.

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