20th Dec 2005 12:42
Abbey National PLC20 December 2005 Jorge Moran, Chief Operating Officer for Abbey National plc ("Abbey") Abbey's Board of Directors, meeting today in London, has appointed Jorge Moranas Executive Director and Chief Operating Officer of the bank, following aproposal made by its CEO Francisco Gomez Roldan. Moran will play a key role in developing Abbey's 3-Year Plan, which waspresented last October 25th in London. The Plan sets ambitious growth andefficiency targets which require reinforcing Abbey's commercial and managementcapabilities. He will be responsible for planning, control and coordination ofthe Bank's operating and business areas, reporting directly to CEO FranciscoGomez Roldan. Jorge Moran has long experience in banking. In the past he was head of MorganStanley for Spain and Portugal, after holding management positions in theSpanish subsidiaries of Natwest and Citibank. He is currently General Manager ofSantander and member of the Group's top management committee. He is head ofSantander's global Asset Management and Insurance Division. The above is subject to FSA approval. Media enquiries: Matt Young, Abbey Media Relations. Tel: 020 7756 4232 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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