Debbie White, who helped set up the UK's network of COVID testing centres, is being lined up as the new chair of Britain’s biggest mutual, Sky News learns.
She now sits on various public company boards, including that of Howden Joinery Group and Spire Healthcare.Advertisement
Mr Leighton was parachuted into the role in the aftermath of the biggest crisis in the mutual's history, with its future cast into doubt two years earlier by funding and governance challenges. The bank's chairman, Paul Flowers, was subsequently exposed by a tabloid newspaper as a serial drug-user, plunging the Co-op name deeper into crisis even as it surrendered control of its high street lending arm to American hedge funds.
There was further turmoil at the top of the mutual in 2014 when Euan Sutherland - now chief executive of Saga - quit as the group's chief executive after details of his pay package were leaked to the media.
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