Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

TSB appoints ex-Schroders director as chairman

TSB appoints ex-Schroders director as chairman

Former Schroders director Will Samuel has been appointed chairman of TSB Bank.

Samuel is currently chairman at Ecclesiastical Insurance and Howden Joinery. He will take up the role at TSB immediately.

TSB was launched on 9 September 2013. Under EU rules Lloyds Banking Group had to divest around 600 branches in return for receiving state aid during the financial crisis.

These branches have been branded TSB and are set to be listed later this year.

Winfried Bischoff, Lloyds chairman, said: ‘This is a great appointment for Lloyds and for TSB. Will brings a wealth of experience to the role and is well-regarded by the market and across the financial services industry. He is a key hire and will be instrumental in building TSB’s independent future as a challenger to the other high street banks.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: from Batman Live to commodity beta

Profile: from Batman Live to commodity beta

Charteris may be a family affair, but the company is not at any risk of turning sentimental

Wealth Manager on Twitter