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BREAKING NEWS

BREAKING NEWS

TSB Bank says Debbie Crosbie to become next CEO

TSB Bank says Debbie Crosbie to become next CEO
FILE PHOTO: A sign is displayed outside a branch of the TSB bank in central London March 12, 2015. REUTERS/Neil Hall -
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Neil Hall(Reuters)
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LONDON (Reuters) - TSB Bank on Monday said Debbie Crosbie will be its next chief executive, due to start in 2019.

Crosbie joins from CYBG PLC <CYBGC.L> where she has worked for over twenty years, most recently as chief operating officer.

She replaces Paul Pester, who stepped down as TSB chief executive in September after months of pressure following a botched IT project that has cost more than 320 million euros (284.3 million pounds).

($1 = 0.8766 euros)

(Reporting by Dasha Afanasieva, editing by Silvia Aloisi)

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