View more on these topics

Luqman Arnold replaced as Abbey CEO

Grupo Santander has appointed Francisco Gomez-Roldan as the new chief executive of Abbey National, replacing Luqman Arnold.

Gomez-Roldan is currently chief financial officer of Grupo Santander. Arnold will work with Santander as a senior advisor to Grupo Santander Chairman Emilio Botin once he is replaced by Gomez-Roldan on November 15th.

The appointment is subject to and with effect from the completion of Santander&#39s acquisition of the bank.

Gomez-Roldan says: “I am excited about this appointment, and I am looking forward to moving to the UK, together with my family. Working with Abbey over the last two months I have been very impressed with the quality and commitment of the Abbey team. We have a big challenge ahead of us, but I am entirely confident that together we will realise the immense opportunity presented by combining the strengths of Abbey and Santander.”

Arnold says: “I am delighted that Santander has appointed such an experienced chief executive for Abbey. I look forward to working with Santander in my new role.”


Going through the emotions

We recently asked people who already have a protection product how important claims support was for them. The results make interesting reading and suggest that the potential support available to customers should be a consideration when recommending a provider. Traditionally, advisers concentrate on the details of how much cover for what price over what term […]

Friendly approach

Appointed by the Treasury following the Penrose report on Equitable Life, Paul Myners is charged with reviewing the corporate governance of life mutuals. The Association of Friendly Societies has responded positively to the Myners consultation paper but it believes that certain issues still need to be discussed further. The history of friendly societies goes back […]

Gartmore takes cautious steps

GARTMORE Gartmore Portfolio: Cautious Strategy Fund Type: Oeic multi-manager fund of funds Aim: Income and growth by investing in UK bond funds, UK equity income funds, property funds and cash Minimum investment: Lump sum £1,000, monthly £50 Investment split: 100% in UK bond funds, UK equity income funds, property funds and cash Isa link: Yes […]

Julian Gibbs

The Threadneedle UK Limited Issue fund, now called the UK Accelerando fund because it is also being marketed in Europe, was launched in May 2003. Since then, the share price has risen by 31.6 per cent versus the rise in the FTSE All Share index of only 17.9 per cent to August 31, 2004. This […]

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 


News and expert analysis straight to your inbox

Sign up


    Leave a comment