OSB Group has announced that Andy Golding will retire from his role as chief executive officer and as a member of the Group Board by 31st December 2026.
The Board has begun the process of identifying a successor, with the support of an external search partner, to ensure a smooth transition and continued delivery of the Group’s strategic objectives.
The new CEO will be responsible for executing the business strategy set out at OSB Group’s Investor Update in March 2025.
Until his retirement, Golding will remain in post as Group CEO and Board director, continuing to focus on delivering the Group’s 2025 and 2026 financial guidance and medium-term targets alongside the executive team.
The lender confirmed at its latest Trading Update that it remains on track to meet 2025 guidance.
Golding has led OSB Group for 14 years, steering the business through its transformation from a challenger lender into the UK’s largest specialist bank.
His tenure has included the group’s IPO, major merger and acquisition activity, and sustained growth in deposits and lending.
Andy Golding said: “OSBG is an amazing bank with delivery for its customers, owners and staff at the very heart of what the group does.
“I am immensely proud to have been at the helm for the last 14 years, seeing the bank through initial stabilisation and growth, an IPO, major M&A activity and cementing its place as the UK’s biggest and best specialist lender.
“I look forward to working with our experienced and talented leadership team to deliver another year of strong performance in 2026 during an orderly handover process.”
David Weymouth, chair of OSB Group, added: “Andy has made invaluable contributions in the creation of the OSB Group over the last 14 years.
“As the founding CEO of the Group his strategic vision and leadership have been critical in transforming the Group, overseeing significant growth in deposits, loan originations and overall market position, delivering significant shareholder value and shareholder returns of £1.2bn since 2019. The entire Board wishes him well when he retires from executive life.”
OSB Group confirmed that further announcements will be made regarding the appointment of Golding’s successor and transition arrangements in due course.
