Metro Bank 's chairman , robin Hill , has resigned with immediate effect after a troubled 12 months for the bank that involved a sharp drop in its asset price following the discovery of a major accounting error early this year . Senior independent director of the company Michael Synder has been named interim chairman , while Hill will remain a non - executive director until the end of 2018 – the point in time when he had initially planned to step down .
Metro Bank's chairman, Vernon Hill, has resigned with immediate effect after a troubled 12 months for the bank that involved a sharp drop in its share price following the discovery of a major accountancy error early this year. Senior independent director of the company Michael Synder has been appointed interim chairman, while Hill will remain a non-executive director until the end of year – the point in time when he had initially planned to step down.