Nathan Bostock was appointed Chief Executive Officer of Santander UK plc on 29 September 2014. He has served on the UK Government’s Financial Services Trade and Investment Board since 2015.
Nathan joined Santander UK from The Royal Bank of Scotland plc (“RBS”), where he was an Executive Director and Group Finance Director. He previously held the post of Group Chief Risk Officer, having joined RBS in 2009.
Nathan served on the Board of Abbey National plc (now Santander UK plc) as an Executive Director, from 2005 until 2009. He joined Abbey National plc in 2001, holding a number senior positions including Chief Financial Officer and Executive Director of Finance, Markets and Human Resources.
Prior to this, Nathan held a number of executive positions at RBS (1991 – 2001), after seven years with Chase Manhattan Bank in a variety of areas and functions.
Nathan is a chartered accountant and holds a BSc (Hons) in Mathematics.
Duke Dayal was appointed Chief Financial Officer and Executive Director from 16 September 2019.
Duke Dayal has extensive financial services experience in a wide range of areas. Before joining Santander UK, Duke Dayal worked for Santander US in Boston as CFO of Santander Holdings (April 2016 – July 2019) and President and CEO of Santander Bank, N.A. (September 2017 – July 2019).
Prior to joining Santander, he was with BNP Paribas for six years, where he served as Chief Financial Officer for BNP Paribas USA Holdings, BancWest and Bank of the West in San Francisco. Before that he helped lead a private equity start-up for JP Morgan Chase & Co., Brysam Global Partners, focused on building an international consumer banking franchise. Prior to that, he spent eight years with Citi in a variety of business and finance roles in New York, California, South Korea and Brussels.
Mr. Dayal earned a B.A. with Honors in Accounting and Finance from Nottingham Trent University and he is a member of the Chartered Institute of Management Accountants. Mr. Dayal served as a member of the Executive Committee on the Board of Trustees for the Institute of International Banking in New York as a Board member of the Federal Home Loan Bank of Pittsburgh.
Susan Allen was appointed Head of Retail & Business Banking and Executive Director on 1 January 2019.
Susan has extensive experience in the Banking sector following a career spanning over 25 years. Susan joined Santander in 2015 as MD, Retail Banking before being appointed as Chief Transformation Officer the same year. In March 2017 she was appointed as Head of Retail Distribution (responsible for all Branch, Contact Centre and ATM teams). Prior to joining Santander UK, she held a number of significant roles at RBS including CEO, Customer Solutions Group Corporate Banking (2012-2015); Managing Director, UK Retail (2009-2012); Director, Corporate & Commercial Operations (2007-2009); Head of Domestic Banking (2005-2007); Head of Business Strategy, CIB (2002-2005); and Head of Strategy & Performance Management (1999-2002).
For further information on other principal appointments of board members to companies part of the Banco Santander Group, please refer to our latest Annual Report.
Compliance with CRD IV
Santander UK plc complies with sections 4.3A.5R and 4.3A.7R of the FCA/PRA Senior Management Arrangements, Systems and Controls manual. The Board members of Santander UK plc are regularly reminded of their duty to notify the Board of any changes to their external directorships, which are kept under review by the Secretariat department.