Company Overview
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.
Position Overview
We are seeking to appoint a non-executive director in anticipation of a planned retirement. The appointment is intended for an initial term of three years, and for a maximum period of nine years.
Responsibilities
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.
Qualifications
Applicants should have expertise and experience in investment management and/or legal services. Experience of the Prudential Regulatory Authority (PRA) and/or Financial Conduct Authority (FCA) compliance would be an advantage but not essential. The successful applicant will be a good team player who is in sympathy with the purposes of the company.
Interview Timeline
Interviews will be held in early February 2026.
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