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Evening Standard

Anna Wise

TSB appoints new chief executive as Robin Bulloch to retire

TSB Robin Bulloch Sabadell Banco Sabadell Spain

TSB has appointed a former director as its new chief executive (Aaron Chown/PA) - (PA Wire)

TSB has named former director Marc Armengol as its new chief executive, as the bank’s owner continues to resist a hostile takeover bid from a Spanish rival.

The bank, which is owned by Spain’s Banco Sabadell, said Mr Armengol would take on the top job from early 2025.

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