Sabadell's TSB hires insurance veteran as chairman
Reuters
Published Sep 23, 2021 09:56
LONDON (Reuters) - TSB said on Thursday it had hired insurance veteran Nick Prettejohn as its new chairman, as the British bank continues its recovery from the pandemic and past IT woes.
TSB, part of Spain's Sabadell, said Prettejohn would join the TSB board on November 1 and would succeed outgoing chairman Richard Meddings later in the year.
Prettejohn was previous chief executive of Lloyd's of London and Prudential (LON:PRU) UK and Europe, as well as chairman of Brit Insurance. Lloyds (LON:LLOY) separately said Prettejohn would step down as non-executive director at the bank and chairman of its subsidiary Scottish Widows.
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Written By: Reuters
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