Directorate Change

25 Feb 2009 18:00



Abbey National plc ("Abbey") and Alliance & Leicester plc ("A&L") has announced that Nathan Bostock, Executive Director, will be leaving the company.

Nathan is presently Chief Financial Officer with Executive responsibility for Products & Marketing, Human Resources, Cards and Insurance.  He will remain with the business until 1 June 2009 in order to ensure a smooth handover.

António Horta-Osório, Chief Executive, said: "I would like to thank Nathan for his significant contribution at Abbey. He has played an important role in the successful turnaround and transformation of the bank under Santander's ownership. We wish him well for the future."

A further statement will be made in due course regarding the allocation of Nathan's Executive responsibilities.

For further details, please contact: