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A financial services company located in the UK is seeking a non-executive director for an initial term of three years, with a maximum of nine. The ideal candidate will have expertise in investment management or legal services and be a good team player. Responsibilities include attending scheduled Board meetings and participating in regulatory meetings. The application will be open until early February 2026.
Methodist Chapel Aid Ltd is a small, successful, bank operating in the ethical financial services marketplace, with approximately £36 million of assets. It was established to provide loans to Christian churches and associated organisations at the lowest practicable rate of interest. It also takes deposits and holds a portfolio of investments with a market value of £17 million.
The Company is seeking to appoint a non-executive director in anticipation of a planned retirement. The appointment is intended to be for an initial term of three years, and for a maximum period of nine years.
It is hoped that applicants will have expertise and experience in investment management and / or legal services. Experience of Prudential Regulatory Authority (PRA) and / or Financial Conduct Authority (FCA) compliance would be an advantage but not essential. In addition, the successful applicant will be a good team player who is in sympathy with the purposes of the Company.
Non-executive directors are expected to attend five scheduled Board meetings per year and, potentially, a number of additional committee meetings and ad hoc meetings. There may also be a requirement to attend regulatory meetings as required by the PRA and the FCA in addition to various relevant seminars and conferences.
It is envisaged that interviews will be held in early February 2026.