TSB Banking Group has announced that Godfrey Robson is to retire from the board this year.

Robson will not seek re-election as a non-executive director and will retire from the board at the conclusion of the Company’s 2015 annual general meeting.

His association with TSB has spanned 14 years, having first been appointed to the Board of TSB Bank, then known as Lloyds TSB Scotland, in 2001.

Chairman Will Samuel said: “The board would like to thank Godfrey for his significant contribution to the build of TSB and to the company’s successful IPO in 2014.

“Godfrey has made a major contribution to the company during his time on its board and that of the bank. Godfrey has provided invaluable support and insight to the company’s board in the period since IPO and we wish him well in his future endeavours.”