21
October 2024
Santander UK plc and
Santander UK Group Holdings plc - Appointment of an
Independent
Non-Executive Director
Santander UK today announces the
appointment of David Oldfield as an Independent Non-Executive
Director to the Boards of Santander UK plc and Santander UK Group
Holdings plc, effective from 1st
December 2024.
David retired from Lloyds Banking
Group in 2023 after nearly 40 years with them. During this time he
had senior roles across all areas of the bank, most recently
leading the Retail and Commercial businesses and as Group Chief
Operating Officer. Subject to regulatory approval, David will
succeed Ed Giera as Chair of the Boards' Risk Committees of both
Santander UK plc and Santander Group Holdings plc.
Santander UK Chairman, William Vereker said:
"I
am delighted to welcome David to the Boards of Santander UK. David
is one of the financial sector's leading and most knowledgeable
risk practitioners and he will bring a unique and diverse set of
retail banking leadership experiences that will be a significant
asset for the next stage of Santander UK's
growth.
- Ends -
Santander UK is a financial
services provider in the UK that offers a wide range of personal
and commercial financial products and services. At 30 June 2024,
the bank had around 19,600 employees and serves around 14 million
active customers, including 7 million digital customers via a
nationwide 444 branch network, telephone, mobile and online
banking. Santander UK is subject to the full supervision of the FCA
and the PRA in the UK. Santander UK plc customers' eligible
deposits are protected by the FSCS in the UK.
Banco Santander (SAN SM, STD US, BNC.LN)
is a leading commercial bank, founded in 1857 and
headquartered in Spain and one of the largest banks in the world by
market capitalization. The group's activities are consolidated into
five global businesses: Retail & Commercial Banking, Digital
Consumer Bank, Corporate & Investment Banking (CIB), Wealth
Management & Insurance and Payments (PagoNxt and Cards). This
operating model allows the bank to better leverage its unique
combination of global scale and local leadership. Banco Santander
aims to be the best open financial services platform providing
services to individuals, SMEs, corporates, financial institutions
and governments. The bank's purpose is to help people and
businesses prosper in a simple, personal and fair way. Banco
Santander is building a more responsible bank and has made a number
of commitments to support this objective, including raising €220
billion in green financing between 2019 and 2030. In the first
quarter of 2024, Banco Santander had €1.3 trillion in total funds,
166 million customers, 8,400 branches and 211,000
employees.
