Written by Chris Lemmon
Banco Santander has announced the appointment of Lindsey Argalas as its chief digital and innovation officer. Argalas joins the bank from Silicon Valley-based software firm Intuit, where she held a number of senior positions over the last nine years, including senior vice president and chief of staff. Prior to that, Argalas worked as a principal at the Boston Consulting group for 10 years in Europe, Australia and the US.
Ana Botin, executive chairman of the Santander Group, commented: “The investment and progress we are making in digital is a critically important part of our strategy, allowing us to reach more customers with better, faster and more efficient services. I am delighted to appoint someone of Lindsey’s calibre to this important role.”
Diana Biggs has been named as the new head of digital propositions for HSBC UK and Europe. Biggs has a wealth of experience in the financial services industry, having held senior and advisory roles at the Anthemis Group, DCCB Group and the centre for blockchain technologies at University College London.
Raman Bhatia, head of digital at HSBC UK & Europe, commented: “Technology is evolving at break-neck speed with innovations that could improve us as a bank, and help us help improve our customers' lives. The challenge is for us to embrace the right technology and solutions that give us the edge to continue to be a market leader, and Diana will add a lot of experience and insight to make that happen.”
John Griffith-Jones, chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) has confirmed that he will leave both organisations at the end of his term of office on 31 March 2018. Griffith-Jones was appointed as the first FCA chair in 2013 and became chair of the PSR when it was established in April 2014. HM Treasury will now commence the process of recruiting a new chair for the FCA.
Griffith-Jones commented: “I committed to a five-year fixed term to chair the FCA and, in so doing, to help ensure that conduct regulation became a respected part of the UK financial landscape. It has been, and continues to be, a great privilege to be responsible for the work of both the FCA and the PSR. I like to believe that I will leave both in good shape to regulate well in the future.”
Digital banking solutions provider Fidor – which counts digital challenger Fidor Bank as one of its brands – has announced the appointment of Geert Ensing as its interim chief information officer. Ensing has extensive experience in IT in retail and commercial banking, having been an executive advisor for banks, insurance companies and pension funds, and worked most recently as executive vice president of IT at ABN AMRO.
Ensing said of his appointment: “Joining Fidor at this exciting time of internationalisation is a fantastic opportunity, and I am thrilled to be able to share my expertise with Fidor and its business partners to define the best technologies when it comes to implementing fidorOS.”
New UK SME business bank Redwood has hired David Buckley as chairman and non-executive director, and Nigel Boothroyd also as a non-executive director.
Buckley, whose past roles include European CFO at Morgan Stanley and European head of the global banking group for Goldman Sachs, now holds a number of non-executive and advisory board positions, including at CIBC World Markets. Boothroyd worked for 38 years at HSBC Group, where he worked in a number of senior roles across corporate and commercial banking, credit risk, operational risk, retail banking and wealth management.
Gary Wilkinson, co-founder and chief executive of Redwood Bank, said: “David and Nigel are very welcome additions to our experienced team, and will both have key roles to play in helping us reach our goals.”