OneSavings Bank plc announced that Sir Malcolm Williamson has informed the OSB board of directors that he will step down from his role as Non-Executive Chairman and from the OSB Board with immediate effect. Sir Malcolm joined Charter Court Financial Services Group plc as a Non-Executive director in June 2017, becoming Chairman of the CCFSG board of directors in August 2017 and led CCFSG through its successful initial public offering in October that year. Sir Malcolm became Chairman of the OSB Board in October 2019, following the successful combination of OSB and CCFSG. Sir Malcolm worked closely with the then Chairman of OSB (David Weymouth) during the negotiations that led to the Combination, after which David Weymouth assumed the role of Deputy Chairman of the OSB Board and continued to work closely with Sir Malcolm as the integration of OSB and CCFSG commenced. the OSB Board announce the appointment of David Weymouth as Chairman of the OSB Board and to the Group Nomination and Governance Committee, in each case subject to regulatory approval. Sir Malcolm is also stepping down from his role as Chairman of Charter Court Financial Services Limited, the regulated banking entity which forms part of the CCFSG sub-group. In order to maintain the independence of the board of directors of CCFSL, Rod Duke has agreed to step down from the OSB Board and will become Chairman of the CCFSL Board subject to regulatory approval. Additionally, OSB announced that after four years as a Non-Executive Director, Eric Anstee has tendered his resignation from the OSB Board and will step down with immediate effect. Eric joined the OSB Board as a Non-Executive Director shortly after the initial public offering of OSB, and, as Chair of the Audit Committee from 1 January 2016 until 4 October 2019, has helped OSB grow and establish itself as a FTSE250 company.