Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. 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 Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter