Wednesday, July 9, 2025
26 C
London
HomeBankingTSB Appoints Marc Armengol as Next CEO Amid Strategic Shifts

TSB Appoints Marc Armengol as Next CEO Amid Strategic Shifts

Date:

Bank of England Fines VocaLink for Compliance Failures

Exploring the Implications of Regulatory Actions on Financial InstitutionsHighlights:...

Clarity AI Acquires Ecolytiq to Enhance Sustainability Fintech

A Strategic Move to Strengthen Sustainable Investment Solutions in...
  • 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.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories