1st Jun 2009 11:30
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1 June 2009 |
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ABBEY AND ALLIANCE & LEICESTER MANAGEMENT CHANGES |
Further to the announcement made on 25 February 2009, Abbey National plc ("Abbey") and Alliance & Leicester plc ("A&L") have announced that Antonio Lorenzo has been appointed as Chief Financial Officer of the Company. This is an Executive Director position effective from 1 June 2009 and has been approved by the FSA.
In addition to his responsibilities as Chief Financial Officer, Antonio is responsible for the Wealth Management division and the Strategy & Planning and Economics units. Further to the announcement made on 17 April 2009, Antonio will also be responsible for Intermediaries with effect from 31 July 2009.
António Horta-Osório, Chief Executive, said: "We have put great value in meritocracy and the importance of promoting and increasing responsibilities from within our senior management team and I'm therefore delighted that Antonio will be joining the boards of Abbey and A&L. His appointment is another step to achieving our 2009 plans and our ambition of becoming the best commercial bank in the UK."
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For further details, please contact:
Matthew Young, Communications Director: Tel: 0207 756 4232
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