Santander UK plc today announced the appointment of Paul Horlock as its new Chief Payments Officer.
Paul will take up the post, subject to regulatory approval, in the new year and will be responsible for creating a single UK Payments team operating across the business and working alongside the European region as part of One Santander.
Paul will bring over 15 years’ experience in the payments sector to Santander UK. He is currently Chief Executive of Pay.UK, which he joined at their inception in October 2017 and has previously held senior positions at Nationwide and Barclays.
Welcoming the appointment, Deputy Chief Executive Tony Prestedge said: “This is a fantastic appointment for Santander. Paul has unrivaled experience and expertise and will use this to bring our payments strategy, functions, risk management, infrastructure and digital development together to help ensure that we are able to offer our customers a market leading end to end experience. Paul is renowned for encouraging innovation and collaboration and this approach will enable us to support our wider Group ambitions in the global payments sector.”
Paul Horlock said: “I am thrilled to be joining Santander UK. Payments is a critical part of the UK’s financial infrastructure and I am excited by the opportunity to help shape and develop Santander’s strategy and support the wider Group in this sector.”
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Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 30 June 2020, the bank had around 23,000 employees and serves around 14 million active customers, via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.
Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in Europe and the Americas, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of the first half of 2020, Banco Santander had more than a trillion euros in total funds, 146 million customers, of which 21.5 million are loyal and 40 million are digital, 11,800 branches and 194,000 employees.