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Director's Responsibilities

26 Jun 2007 15:00

Abbey National PLC26 June 2007 Abbey National plc ("Abbey") Tuesday, 26 June 2007 Executive Directors' Change in Responsibilities Abbey announces the following changes in Executive Directors' responsibilities.Nathan Bostock, Executive Director, will take interim responsibility for theBranch network and Abbey's Premium Banking business within Abbey's Retail Directchannel. This will be in addition to his role as Director of HR. Whilst theseinterim arrangements apply, his existing responsibilities for Finance and UKCorporate Banking will be discharged by other members of Abbey's ExecutiveManagement Team. As part of these interim arrangements, Miguel Braganca, Executive Director,Retail Products and Marketing will take responsibility for the remaining partsof Abbey's Retail Direct channel (comprising Abbey's Telephone Distributionchannel, Business Banking and Commercial Mortgage business). The above interim changes result from the decision of Abbey's current Head ofRetail Direct to leave Abbey. The interim changes will take effect immediatelyand remain effective until a new Head of Retail Direct is appointed. The above changes are subject to FSA approval. - Ends - For further details, please contact: Matthew Young, Communications Director: Tel: 0207 756 4232 This information is provided by RNS The company news service from the London Stock Exchange
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