LONDON, March 10 (Reuters) - Santander UK plc has
appointed Nationwide executive Tony Prestedge as its deputy CEO,
handing him a mandate to lead transformation of the lender as it
battles to gain market share from high street rivals.
Prestedge currently serves as Deputy Chief Executive at the
British building society and has previously held a variety of
senior executive roles within the financial services sector,
including at Barclays.
He is expected to join Santander UK in the autumn, subject
to regulatory approvals and will report to Chief Executive
Nathan Bostock. He will become a member of the Santander UK plc
Board.
(Reporting By Sinead Cruise; editing by Carolyn Cohn)