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A&L chief to head up new intermediary division.

Global Banking News-5 November 2008-A&L chief to head up new intermediary division(C)2008 ENPublishing -

Global Banking News - 05 November 2008(c)2005 - Electronic News Publishing -

Spain's Santander (SAN.MC) (SAN.MC) has announced its new combined Intermediary team with the chief of Alliance & Leicester (A&L) heading the team.

The group said that under the new restructured intermediary sales team, Abbey for Intermediaries and A&L Intermediary sales will combine into a single intermediary division.

David Bennett, former group chief executive of A&L, will take charge of the division as executive director, alongside his role as integration adviser.

The new intermediary division will be responsible for the co-ordinated management of the two businesses, Santander said, adding that there were no further decisions on any further integration between the two operations currently, with both continuing to operate as independent companies and brands.

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Publication:Global Banking News (GBN)
Date:Nov 5, 2008
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