UK high street bank TSB appoints Sailesh Panchal as its new Chief Technology Officer (CTO) to oversee data, payments, and governance functions.
Facts
- Sailesh Panchal becomes the new CTO of TSB Bank, confirmed in a LinkedIn post.
- He will collaborate with CIO Cheryl McCuaig to manage data and payments operations.
- Panchal emphasizes TSB’s commitment to an engineer-focused delivery model, work culture development, and operational stability and security.
- His role involves optimizing governance and compliance, especially in payments, open banking, and data governance.
- Panchal brings decades of industry experience from roles at Metro Bank, Orwell Group, and Lloyds Banking Group.
- He sees this appointment as a full circle moment, having participated in Project Verde and the 2013 divestiture of Lloyds Banking Group and TSB. Panchal is eager to reconnect with old colleagues and contribute to TSB’s mission of boosting customer confidence in managing their finances.
