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Nicola Bannister named TSB’s new CEO as Santander’s UK acquisition nears completion in early 2026.
Santander has appointed Nicola Bannister as TSB’s new CEO, succeeding Marc Armengol as the UK bank’s acquisition by Santander nears completion.
Bannister, who has led TSB’s transition since the £2.9 billion deal was announced in July 2024, oversees economic crime and enterprise services.
The acquisition, pending regulatory approval, is expected to finalize in early 2026.
Armengol will join Spain’s Sabadell Group as CEO.
Santander UK’s Mahesh Aditya praised Bannister’s retail banking expertise and customer-focused leadership.
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Nicola Bannister nombró al nuevo CEO de TSB, ya que la adquisición del Reino Unido por parte de Santander está a punto de completarse a principios de 2026.