Santander poaches Yorkshire Building Society head to be new UK CEO

Santander has poached the head of Yorkshire Building Society to become its new UK boss.

Mike Regnier will join the Spanish-owned lender as chief executive, after a quarter-century career spanning Lloyds, TSB, Halifax and Asda – and replacing Nathan Bostock.

Santander chairman William Vereker said the newly appointed executive “brings a powerful combination of experience, knowledge and energy, twinned with a positive vision for the future of the bank”.

Hide Ad
Hide Ad

Last year Mr Regnier was reportedly one of the highest-paid bosses of a UK building society. He has been in the role since 2017, and will be replaced by Yorkshire's chief operating officer Stephen White, subject to regulatory approval.

Mr Regnier is credited with bringing 'a positive vision for the future of the bank'. Picture: Marcus Lyon.Mr Regnier is credited with bringing 'a positive vision for the future of the bank'. Picture: Marcus Lyon.
Mr Regnier is credited with bringing 'a positive vision for the future of the bank'. Picture: Marcus Lyon.
Read More
Fife poster firm pins down Santander tie-up

Yorkshire Building Society chairman John Heaps said: "He has led the society superbly through a period of significant challenge as we have addressed both the transformation to a more digitised world and the complexities of the Covid pandemic."

Mr Regnier said: "I am honoured to be joining Santander, a bank with a rich heritage in the UK, a strong track record of innovation and a commitment to helping our country prosper.

"I am excited to be able to make a real difference to people and businesses across the UK, helping them to thrive and grow."

Hide Ad
Hide Ad

He added: "I have thoroughly enjoyed my time at Yorkshire Building Society and it has been a great privilege to have been CEO. I feel that now is the right time for me to take on a different challenge and leave the society in excellent shape for my successor to take the society on the next phase of its journey."

A message from the Editor:

Thank you for reading this article. We're more reliant on your support than ever as the shift in consumer habits brought about by coronavirus impacts our advertisers.

If you haven't already, please consider supporting our trusted, fact-checked journalism by taking out a digital subscription.

Related topics:

Comments

 0 comments

Want to join the conversation? Please or to comment on this article.

Dare to be Honest
Follow us
©National World Publishing Ltd. All rights reserved.Cookie SettingsTerms and ConditionsPrivacy notice