(Reuters) - Metro Bank (L:MTRO) said on Tuesday Vernon Hill, the founding chairman of the struggling British lender, had stepped down as a non-executive director.
Metro Bank had said in October that Hill, who quit as chairman but agreed to accept an honorary position, would remain a non-executive director of the bank until Dec. 31.
Chief Executive Officer Craig Donaldson is also leaving the company after a torrid year in which the British lender was engulfed in a damaging accounting scandal that wiped 90% off its market value.