Tesco Bank make senior appointment to lead lending business

14 December 2022

Tesco Bank has announced the appointment of Craig Bundell as its new ‘Help me Borrow’ Director. In this role, Craig will lead Tesco Bank’s lending business, including all of Tesco Bank’s lending products which include:

• A range of credit cards, with over 1.9 million customers
• Personal loans, with more than 440,000 customers

Craig , who joins from Hastings Direct, will also lead the development of new lending propositions and features so that Tesco Bank can continue to meet the borrowing needs of Tesco customers.

Craig joins with a wealth of financial services experience from previous leadership roles at Barclaycard, Banco Santander, and TSB where he was responsible for leading the customer proposition and commercial strategy for the bank’s ‘everyday banking’ products, including its credit card portfolio. In his most recent role at Hastings Direct, he was responsible for the motor insurance category and led the transformation of the business’s product strategy.

He begins his role on 30 January 2023 and will report to Tesco Bank’s Chief Banking Officer, Gail Goldie.

Welcoming the appointment, Gail Goldie said:

“I’m very pleased to welcome Craig to Tesco Bank. His reputation for driving customer-led strategies will be a tremendous asset in delivering Tesco Bank’s growth in the lending market. I know his passion and leadership will add real value to our team as we help Tesco shoppers to manage their money at a time of a rising cost of living.”

Ends

For media enquiries please contact:

Stuart Taylor, Senior External Communications and PR Manager, Tesco Bank: 07841 192901

Notes to Editors:

Craig Bundell CV

2020 – 2022      Hastings Direct, Motor Director – Commercial, Digital and Marketing

2019 – 2020       TSB Bank, Director of Everyday Banking – Retail and Business Banking

2017 – 2019        TSB Bank, Director of Product Management – Retail Current Accounts and Savings

2016 – 2017        TSB Bank, Head of Personal Current Accounts and Overdrafts

2014 – 2016        TSB Bank, Head of Credit Cards

2007 – 2014       Santander Bank, Senior Vice President, Credit and Debit Card Portfolio Management - Cards Division

2006 – 2007      VISA, European Business Product Manager - Commercial Cards

2004 – 2006      HSBC, Product Manager - Credit Card and Loans

2003-2004        Barclaycard, Business Development Executive

About Tesco Bank

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 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