Skipton Group has announced the appointment of Jasvinder Gakhal as the new CEO of Money, pending regulatory approval.
Gakhal will replace Andrew Bottomley, who is set to retire after his final Annual General Meeting (AGM) in April.
Gakhal will start at Skipton Group on 3rd March 2025 and will work closely with Bottomley during the transition period.
She has 19 years of experience at Direct Line Group, most recently as managing director of the Motor & Rescue business, where she led significant changes related to pricing, regulatory compliance, and technology implementation.
Gakhal said: “I am delighted to be joining the Skipton Group, a business with its roots in Yorkshire, and to have the opportunity to lead their Money Business.
“I am genuinely excited to be joining an organisation that puts their customers at the heart of everything they do and by their mission to support their members with long-term financial well-being.”
Stuart Haire, group chief executive of Skipton, said: “I’m absolutely delighted to announce that Jazz Gakhal has agreed to join Skipton Group and take over the ‘CEO Money’ reigns from Andrew Bottomley who announced his decision to retire in autumn last year.
“Jazz is creative, energetic and passionate, and leads people and businesses with authenticity.
Haire added: “With her experience of delivering both commercial and customer outcomes, and her natural curiosity, she’s perfect for what we want to achieve in our Money business – making our members’ money work even harder.
“I also want to take this opportunity to say a big thank you and share how much I will miss Andrew Bottomley.
“His passion, experience and fun nature will be missed round the Executive table but will be a huge add round any Board table as he starts his portfolio career.”
