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3 Feb 2014 18:00
3 February 2014
SANTANDER UK PLC
BOARD CHANGES
Further to its announcement made on 11 December 2013, Santander UK is pleased to announce that regulatory approval has been received for the appointment of Nathan Bostock as Deputy Chief Executive Officer. When Nathan formally takes up his position with Santander UK, he will join the Board of Santander UK as an Executive Director.
Santander UK is also pleased to announce that Keiran Foad will be appointed as Chief Risk Officer. Keiran will report initially to the CEO and subsequently to the Deputy Chief Executive Officer. Keiran's appointment as CRO will take effect upon receipt of regulatory approvals.
In addition to the CRO, the following functions will report to the Deputy Chief Executive Officer: People & Talent, Legal & Secretariat, Compliance & Anti Money Laundering and Technology & Operations.
The effective date of the above changes will be announced in due course.
- Ends -
For further details, please contact:
Anthony Frost | (Head of UK Communications) | 020 7756 6284 |
James S. Johnson | (Head of Investor Relations) | 020 7756 5014 |
For more information contact: | ir@santander.co.uk |
Additional information about Santander UK and Banco Santander
Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone by market capitalization. Founded in 1857, Santander had EUR 1.342 trillion in managed funds, 102 million customers, 14,680 branches - more than any other international bank - and 186,785 employees at the close of June 2013. It is the largest financial group in Spain and Latin America. It also has significant positions in the United Kingdom, Portugal, Germany, Poland and the northeast United States. In the first half of 2013, Santander registered EUR 2,255 million in attributable profit, an increase of 29% from the same period of the previous year.
Santander UK is a leading financial services provider in the UK and offers a wide range of personal and commercial financial products and services. At 31 December 2013, Santander UK serves more than 14 million active customers with c. 20,000 employees, 1,156 branches (including agencies) and 50 regional Corporate Business Centres.
Further information about Santander UK is available at the group's website: www.aboutsantander.co.uk.
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