Santander broker boss becomes fifth senior name to jump ship to Lloyds
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Lloyds Banking Group has poached a fifth senior recruit from Santander UK.
It was revealed last week that Alison Brittain, executive director for retail distribution and intermediaries at Santander, is joining Lloyds group as group director for Lloyds TSB and the Bank of Scotland.
She will continue at Santander until September.
Alan Mathewson, managing dir-ector of Abbey for Intermediaries, will take over her role on a temporary basis.
António Horta-Osório, chief executive of Lloyds group, says: “Alison brings a wealth of retail and business banking experience from her time at Barclays and Santander and her appointment will strengthen our senior management team.”
Meanwhile, Iain Laing, chief credit officer at Santander, is also leaving the firm.
He will join Nationwide as chief risk officer in August and will be replaced by Frank Armour, head of group risk at Santander.
In November Lloyds group poached Horta-Osório from Santander. Juan Colombus, former chief risk officer at Santander, was also recently appointed to do the same job at Lloyds group, while Antonio Lorenzo, the bank’s chief financial officer, joined Lloyds group in March as director of its wealth and international division.
In addition, Santander’s former head of communications Matthew Young recently moved to a similar role in charge of corporate affairs at Lloyds group.
Meanwhile, all BDMs at Lloyds group have been asked to reapply for their jobs.
As a result of it scrapping its Cheltenham & Gloucester brand through brokers it is condensing its three sale teams to two. It will now only operate sales teams for its BM Solutions and Halifax brands and Halifax will also look after the Scottish Widows brand.
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