John Lewis Partnership appoints former Tesco Bank CEO to John Lewis Finance board
John Lewis Partnership has appointed Gerry Mallon as a non-executive director of John Lewis Finance, a regulated subsidiary of the John Lewis Partnership that oversees John Lewis Money.
With more than 20 years of leadership experience in financial services, Mallon is a former chief executive of Tesco Bank, Ulster Bank Ireland and Danske Bank. He currently serves as chief executive of financial services firm True Potential and a non-executive director of Heart of Midlothian Scottish football club.
Subscribe to TRBJane Hanson, chair of John Lewis Money, said: “I am delighted to welcome Gerry to the board of John Lewis Money at such an exciting time for the brand.
“He brings deep sector expertise and a strong understanding of how to build customer-focused financial services businesses.
“His insight will be hugely valuable as we continue to grow John Lewis Money and build on the distinctive place the brand holds in the market.”
John Lewis Money plays an important part in the partnership’s retail strategy with its offer including insurance, credit card, and point-of-sale payment options. The partnership said its recent move to an FCA-authorised and regulated insurance and credit broker will help it deliver a stronger insurance offering for customers.
Mallon said: “John Lewis Money is a business with a strong reputation and a distinctive position in the market. It is built on values that matter deeply to customers — trust, service and quality — and that creates a powerful platform for growth.
“I’m delighted to be joining the board at such an important point in its journey and look forward to working with the team to support the continued development and success of the business.”
