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Tesco Bank announce appointment of Chief Financial Officer (CFO)

Tesco Bank has today announced the appointment of Declan Hourican to the position of Chief Financial Officer (CFO). 

Benny Higgins, Tesco Bank Chief Executive Officer, said:

“I’m delighted that someone of Declan’s calibre has been appointed to this critically important position.  Declan has a proven track record of helping provide outstanding service for customers, and he will play an important role in helping Tesco Bank deliver its ambition to be the bank for people who shop at Tesco.”

Declan will take up the role on 3 October 2016, when he will become a member of the Tesco Bank Executive Committee and Board.  Peter Bole will continue in the CFO role until Declan joins in October.

This role is subject to regulatory approval.

--ENDS--

For more information and media enquiries please contact:

Tesco Bank press office

+44 (0) 131 274 3630 

Notes to Editors:

Declan Hourican joins Tesco Bank after 14 years at Royal Bank of Scotland Group, latterly as Chief Finance and Administrative Officer in the Group’s Restructuring Division [2012 – present]. Prior roles at Royal Bank of Scotland Group, included Chief Financial Officer, Non-Core Division, and Chief Financial Officer, Global Restructuring Group. Declan is a graduate of University College Dublin and the Michael Smurfit Graduate School of Business, Dublin, and is a Fellow of the Institute of Chartered Accountants.

About Us:

Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 5 million customers manage their money every day. Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. Tesco Bank participates in the Chartered Banker Professional Standards Board.

Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: 2 South Gyle Crescent, Edinburgh, EH12 9FQ

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