View more on these topics

Santander loses big name as Brittain quits for Lloyds

Santander UK executive director for retail distribution and intermediaries Alison Britt- ain has quit to join Lloyds Banking Group.

She will stay at Santander until September to hand over to her successor when one is appointed. Abbey for Intermediaries managing director Alan Matthewson will take over Brittain’s role until then.

Brittain will join as group director for the Lloyds TSB and Bank of Scotland retail banks on September 5, subject to approval from the FSA.

She will report to LBG group chief executive Antonio Horta-Osorio, who also moved across from Santander in March, and will be a member of the group executive committee.

Before joining Santander, Brittain spent 19 years with Barclays in roles including director of the Barclays and Woolwich retail networks and managing director of Barclays Business Banking.

Santander has made a number of recent appointments. It promoted head of corporate and commercial banking Steve Pateman to executive director of corporate and commercial banking, subject to FSA approval.

Jennifer Scardino has joined Santander from Citigroup as director of communications, corporate social responsibility and public policy and as a member of its executive committee.

Capital Fortune managing director Rob Killeen says: “Lloyds is clearly on a headhunting mission and is bringing in heavy hitters to assist in its fut- ure strategy.

“One hopes directorship losses for Santander of Antonio Horta-Osorio and now Alison Brittain will not be deemed fundamental when it lists on the stock exchange later this year.”

Recommended

Pension reforms fall short

The Government’s pension reforms, including raising the retirement age to 66, will be insufficient to cover the increased costs of pensions in the future, according to the Organisation for Economic Co-operation and Development. The Government has proposed raising the retirement ages for both men and women to 66 by 2020 and will consider a further […]

1

Ageas to carry on paying indemnity after £5m hit

Ageas Protect says the business will continue to pay indemnity commission despite suffering a £5.6m charge following the liquidation of a subsidiary of Click. Money Marketing revealed last May that Fortis Life, which rebranded as Ageas Protect in January, was owed £900,000 in clawback by non-advised protection firm Click. The clawback was part of a […]

Arbuthnot Latham to offer IFA discretionary service

Arbuthnot Latham has launched a discretionary investment management service for IFAs. The firm has appointed former Brooks Macdonald senior intermediary sales manager Gareth Syms as head of business development and former Zurich Intermediary Group senior sales consultant Kevin Rait as business development manager. The pair will act as a point of contact for the service, […]

2

McIntyre quits Towergate to set up his own advice business

Towergate Financial Glasgow managing director Douglas McIntyre is leaving the company at the end of April to set up his own firm. He will be replaced by Towergate Financial Glasgow director Garry Donnelly. McIntyre was formerly managing director at insurance broker and advice firm MacDonald Reid Scott Group before it was acquired by Towergate in […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment