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Evening Standard

Business

Oscar Williams-Grut

More hard yards ahead for Metro Bank CEO Dan Frumkin

Metro Metro Bank

A Metro Bank branch
(Picture: PA)

No one can say Dan Frumkin has an easy job.

The Metro Bank CEO was parachuted in to help rescue the challenger bank in 2019 after a major accounting cock-up that saw it classify loans as much less risky than they in fact were. Frumkin, a turnaround specialist, insisted he had a plan. Then came the pandemic. Lockdowns were bad for a business like Metro that has lots of branches.

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