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Ricky Okey to leave Santander

Abbey for Intermediaries managing director Ricky Okey is to leave Santander and will be replaced by Alan Matthewson, who will also take over leadership of Santander Private Banking UK.

Matthewson takes over from Okey (pictured) as well as Alvaro Morales, chief executive of Santander Private Banking UK, who is moving to Miami to become chief executive officer of Santander Private Banking International.

It is not yet known where Okey’s next move will be.

Matthewson will continue in his role as director of the bancassurance division prior to taking up his new role, which is subject to FSA approval, on May 1.

Santander UK executive director Antonio Lorenzo says: “This new role has been created as an essential part of Santander’s goal to be the UK’s best commercial bank. Alan has a great track record with Santander’s bancassurance team. 

“The Abbey for Intermediaries and private banking functions are vital areas for our growth plans in the UK, and I look forward to working closely with Alan to ensure our success.”


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There are 26 comments at the moment, we would love to hear your opinion too.

  1. Hopping from one disaster to another and calling these moves “career moves” , without ever looking back to see the mess left behind them.

  2. Best News I have heard for a long time The Mortgage Intermediaries Friend is leaving Santander -Yahoo !
    Lets hope that Alan Matthewson has a more personal approach in supporting

  3. Be careful who you walk on your way up because you need to pass them on your way down

  4. Oh do the Oakey Cokey!!! 19th March 2010 at 11:27 am

    Goodbye and good riddance to the biggest waste of space at Abbey. What has he ever done to help his loyal band of mortgage brokers. Cross sold and stabbed us in the back…

  5. Never Too Old To Rock 19th March 2010 at 11:40 am

    ‘Nowhere Man’— The Beatles.

  6. The UK today is full of business people who move from one group to another before being found out. Perhaps Mr Oakey’s ability lies in his ability to move on before being asked to. Looks like he got it wrong this time. I undestand these qualities are in great demand at the FSA.

  7. I seem to recall Mr Oakey on the TV following his announcement that he would be launching an income mutiple of nine times salary lending. Shortly before the banking collapse! His earlier stint at John Charcole resulted in it’s sale at a nominal price of £1. The FSA will definately be after this one!

  8. dont slam to door on the way out and take all the usless waste of space staff with you!

  9. Anthony Badaloo 19th March 2010 at 10:16 pm

    Why is everyone bashing the guy. He proves u don’t need FP1,2, nor three to get a great job, and a fabulous pension scheme to boot, unlike silly IFAs.

  10. Craig Mcmcgowan 22nd March 2010 at 4:24 pm

    The man was a buffoon at best and dangerous arraogant ***t at worse, good bye don’t let the door hit you on the way out you piece of POO!

  11. To late, I can’t believe anyone still has a relationship with abbey following this cretains time at the helm. he was an arrogant man

  12. the man was friends with Peter Phile and a total waste of space

  13. Gillian Terrance 23rd March 2010 at 2:22 pm

    Ricky Okey is not going to be missed or his friend Peter Philiie

  14. I have heard that his side kick Peter Philles has also been given the boot, good riddence to them both

  15. Neville Swifton 23rd March 2010 at 2:36 pm

    Doesn’t seem to be popular, i was put off by abbeys abismal service to advisers so have no real dealing with the man

  16. el hombre es un bandido de culo is what i can imagine was used to say good bye from santander

  17. This guy really put the MO into Moron. It was his modus operandi for sure. totally ruined abbey for intermediarys

  18. If you look at all the other people who have been culled from abbey, i.e. F Albert Crabtree, Pedro Philles, Jack Toft then it was only time before this guys was going as well

  19. Alan Matthewson is a dynamic guy, hopefully he will turn things around, seems to have been quite a cull there reacently, Pedro Phillies, Jack toft and the rest all seem to have jumped (or were pushed)

  20. If Abbey for Intermediaries and private banking functions are vital areas for our growth plans in the UK why were they run by such an incompetant fool for so long

  21. good for abbey out with the weakest link

  22. I never understood why he was given a job at Abbey in the first place, and how he managed to hang on for so long

  23. topher h stalwak 30th March 2010 at 2:07 pm

    I have just read this today and thought Excellent, one less **** at abbey, maybe it will be worthwhile speaking to their intermediary team again…probably not though

  24. I for one will miss Mr Okey, but only because it is nice to see how badly service can be done so you can compare to when service is great. i.e. none of the other numbers work if you dont have 0 . and he was a 0!

  25. Is it true Alan Matthewson was sitting on funds he tried to first have stolen, now is in the midst of defending hiimself against potential embezzslment to the tune of fourteen thousand pounds, he is also letting all his sins of business fall on the shoulders of his innocent young lover David?

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