Santander UK announced today that Chief Financial Officer, Duke Dayal, will be leaving the bank to pursue new business opportunities and will depart towards the end of the year. He will step down from his position on the Santander UK Board at that point and a process to appoint his successor is now underway. Duke joined Santander from Santander Holdings USA in September 2019 and has worked for the Group since 2016.
Santander UK, CEO, Mike Regnier said: “Duke has been an invaluable member of our Executive team helping to steer the bank through the Covid pandemic and enabling us to navigate recent challenges, including the impact of the UK’s withdrawal from the European Union and the ongoing current economic uncertainty. He has also played a vital role in the shaping of our strategic direction to meet the changing needs of our customers, which has been underlined by strong financial results during his time with us.”
Santander UK, Chairman, William Vereker, said: “On behalf of the board, I would like to thank Duke for his contribution over the last four years. He has helped to navigate Santander UK through an ever changing and challenging economic climate, while always prioritising support for our customers. He leaves with our best wishes for the future.”
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Notes to Editors
Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2022, the bank had around 19,000 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 FCA and the PRA in the UK. Santander UK plc customers’ eligible deposits are protected by the FSCS in the UK.
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s 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 €220 billion in green financing between 2019 and 2030. In the first quarter of 2023, Banco Santander had €1.2 trillion in total funds, 161 million customers, 9,000 branches and 210,000 employees.
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