- TSB has announced Marc Armengol, a current board member, as its new CEO, set to assume the role in early 2025.
- He succeeds Robin Bulloch, who is retiring after a distinguished 45-year career in retail banking, including three years as TSB’s CEO.
- Armengol brings extensive experience from Banco Sabadell, TSB’s parent company, where he served as COO and led operations and technology.
- His appointment highlights TSB’s importance within Sabadell’s broader strategy, emphasized by CEO César González-Bueno’s remarks on the bank’s ongoing role in the group’s future.
- Meanwhile, Sabadell continues navigating merger talks with BBVA, which reinitiated acquisition discussions in April 2024.
