The Co-operative Bank has promoted Liam Colman from treasurer to director of its retail and commercial banking arm, it has been announced.
Colman joined the Co-op in June 2013, having moved from a deputy group treasurer role at RBS. Prior to this, he also held a treasury group director role at Nationwide.
The bank’s chairman Richard Pym has also revealed that he will be stepping down from his role on October 1st, to take up a new position as chairman of Allied Irish Banks. Dennis Holt, the Co-op’s Senior Independent Director with over 36 years’ experience in the industry, will act as interim chairman until a replacement can be found.
Following outrage over the UK's BBC gender pay gap, Altify has released data showing gender inequality hurts commercial businesses’ bottom line while diverse companies retain more business.
The bank is using Twitter and LinkedIn in its search for talented graduates, reports the Financial Times.
A study of UK chief financial officers (CFOs) by recruitment consultant Robert Half finds that most nurture ambitions to take over the chief executive’s role.
Urjut Patel has been named as the new governor of the Reserve Bank of India (RBI) and will succeed Raghuram Rajan, whose term ends on September 4.