Less than 1 min.Read

TSB Appoints Marc Armengol as Next CEO Amid Strategic Shifts

December 4, 2024

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.