Management

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Lesley Jones

Chair of the Sainsbury’s Bank Board

Lesley joined Sainsbury’s Bank as its Chair in January 2021 and is also an Independent Member of Moody’s Investor Services Ltd. Lesley is a Non-Executive Director on the Board of Moneysupermarket.com Group plc, Chair of the Risk Committee and a member of their Audit and Nomination Committees.
 
Lesley started her career at Citigroup Inc. where she held a number of senior roles in relationship and risk management over a period of 30 years. She then spent over five years at RBS Group plc as Group Chief Credit Officer, where she rebalanced the Group’s credit risk appetite, established a market-leading credit function and led their Credit Quality Assurance function. Lesley was previously a Non-Executive Director of N Brown Group plc, ReAssure Group plc, Close Brothers Group plc and Northern Bank Limited.

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Robert Mulhall

Chief Executive Officer, Sainsbury’s Bank

Robert joined Sainsbury’s Bank in March 2024. Robert is an accomplished Financial Services executive with over 27 years’ experience operating in both industry and consulting roles in Ireland, UK, Canada and USA. Most recently he was the Managing Director for Financial Services globally at Vision Consulting and prior to this, Robert was CEO of Allied Irish Bank (UK) plc, following several years leading AIB’s Retail Banking business in Ireland. Robert also spent a couple of years leading Accenture’s banking consulting business in North America, focusing on distribution and marketing transformation in the retail banking and wealth management industries. 

Robert has extensive knowledge of Financial Services operations and regulation. He has a strong customer focus and a solid track record of successfully leading large scale transformation. As CEO of Allied Irish Bank (UK), he led the strategic restructuring of AIB (UK) plc, optimising returns, through the divestment of Commercial Banking/SME business and rationalised the Retail Bank in Northern Ireland. 

His collaborative approach and strong stakeholder management galvanises people behind a strong strategic plan. Robert is a Fellow of the Institute of Bankers and an Adjunct professor and Advisory Board member of Dublin City University Business School.

 
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Michael Larkin

Chief Financial Officer

Michael was appointed Chief Financial Officer of Sainsbury’s Bank in September 2018. He joined from the Royal Bank of Scotland, where he was the Finance Director for Personal and Business Banking. During his career, he has held a number of senior positions at the Royal Bank of Scotland, including Head of Finance across UK Retail Banking and Treasury and as Senior Manager of Group Financial Planning and Analysis. Prior to this, he worked for GE Capital Woodchester after starting his career at Martin Brokers Group. Michael has a broad range of expertise across Performance Management, Treasury, Pricing and Capital management and brings a wealth of financial experience and strategic thinking to the Bank.

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Carole Butler

Independent Non-Executive Director

Carole joined Sainsbury’s Bank in December 2018. She is Chair of the Audit Committee and is the Bank’s Senior Independent Non-Executive Director.
Carole is a chartered accountant and experienced business leader, combining profit and loss responsibility with end-to-end infrastructure experience. Carole has held senior executive roles in Merrill Lynch, JP Morgan and Barclays. She joined Barclays in 2006 in the Investment Bank, then transitioned to the Corporate Bank in 2010.  As global Chief Operating Officer (COO) of the Corporate Bank, she had responsibility for all infrastructure groups. Later, as Head of the International Corporate Bank, she had responsibility for Europe, Asia, Africa and North America. Later roles included COO and Deputy Chief Executive Officer of Barclay’s Wealth Business.
 
Carole has extensive experience as a Non-Executive Director currently sitting on the Boards of Weatherbys Bank Ltd (Chair of Risk Committee, member of Audit and Remuneration Committees), the London Clearing House Group (Chair of Audit Committee and member of Board Risk Committee) and LCH SA (Chair of Audit Committee).

 
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Rosanne Murison

Independent Non-Executive Director

Rosanne joined Sainsbury’s Bank in August 2022 as an Independent Non-Executive Director and is the Chair of the Remuneration Committee. Rosanne also joined the Bank’s Board Risk Committee and is the Consumer Duty champion. Rosanne has held senior executive roles including Group Strategy Director at SSP Group plc, Vice-president and Partner at Boston Consulting Group (BCG) and Client Director with Eden McCallum LLP. Rosanne has worked in a wide variety of sectors including consumer goods, retailing, finance, and insurance, which has seen her lead on business strategies for UK and global brands.
 
Rosanne is a Non-Executive Director and Chair of the Remuneration Committee for Openwork, previously part of Zurich. Rosanne is also a Non-Executive Director and member of the Risk and Technology Committees for Vitality UK. Prior to this, Rosanne was Senior Independent Director, Chair of the Remuneration and Nomination Committee, Chair of the Customer and Conduct Committee and a member of the Risk and Audit Committees for Allianz Insurance.

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Helen Normoyle

Independent Non-Executive Director

Helen joined Sainsbury’s Bank in November 2024 as an Independent Non-Executive Director. Helen has joined the Bank’s Board Risk Committee and the Remuneration Committee. 

A graduate of the University of Limerick, Helen has held senior executive roles including Chief Marketing Officer with Boots the Chemists Ltd, Countrywide plc and DFS and founded her own business, Mymenopausecentre.com which she remains involved in. 

Helen is a Non-Executive Director on the Board of the Allied Irish Bank Group (AIB), Chair of the Sustainable Business Advisory Committee and member of the Nomination Committee and Technology & Data Advisory Committee. Helen has significant transformation and re-structuring experience in banking from her time on the Board of AIB during the post Financial crisis era. Helen is also a Non-Executive Director and Chair of the Sustainability Committee and a member of the Remuneration Committee with Travelodge.  

 


 

 
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Bruce Richardson

J Sainsbury Plc Appointed Non-Executive Director

Bruce was appointed as a Director of Sainsbury’s Bank with effect from May 2024 and is a member of the Board and of its Board Risk and Audit Committees. 

Bruce joined Sainsbury’s Group in 2019 and is currently the Group Finance Director. Prior to Sainsbury’s, Bruce spent over 11 years in group finance and finance transformation roles in the retail sector at Dixons and Dixons Carphone (now Currys plc) finishing as Group Director of Financial Planning and Analysis. Prior to that, his earlier career after qualifying as a Chartered Accountant in South Africa was in the FMCG sector at Quaker Oats, then PepsiCo UK after they acquired Quaker – progressing through a number of roles covering financial control, financial planning, and finance transformation. 

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Guy Thomas

Independent Non-Executive Director

Guy joined the Board in July 2017, is Chair of the Bank’s Board Risk Committee and sits on its Audit Committee. He has a background in accountancy, finance and capital markets with 30 years in the financial services industry (West of England Building Society, Birmingham Midshires, Staffordshire Building Society and Principality Building Society) with specific experience in Finance, Capital Markets, Treasury, Lending, Risk and General Management. He has an excellent pedigree in the lending industry with more recent experience in market operations, mergers and acquisitions and disposals. He retired from his Executive Director role at Principality Building Society in October 2014 and has since served as a Non-Executive Director on the Boards of three organisations in the lending industry.

He is currently Chair of Penhurst Properties and holds board positions with The Housing Finance Corporation Limited, its subsidiaries and related companies. He is also a pro-bono member of DWR Cymru (Welsh Water).