The chief executive who left over a digital banking crisis continues his reinvention as a consumer. Pester lives in London with his second wife. Ex-TSB chief Paul Pester resurfaces at specialist lender. Paul David Pester (born 14 January 1964) is a British banker, chief executive officer (CEO) of TSB Bank since 2013. Paul Pesters TSB tribulations show that the old banks must put tech gurus at the top if they want to have any customers left in 30 years time, says ADRIAN LOWERY By Adrian Lowery for Thisismoney. On stepping down, Pester took a substantial bonus - which raised eyebrows among TSB's customers, staff and regulators, this was eventually found to be a ‘contractual severance pay agreement’. Paul Pester said TSB will 'come back' from its IT meltdown as he took 'full responsibility' Credit: PA:Press Association Who is TSB boss Paul Pester Paul Pester was born on January 14, 1964, and.
He stepped down after a disastrous IT failure at the bank, which he claimed ultimate responsibility for. Pester was appointed in 2013 to launch TSB for the Lloyds Banking Group and, in June 2014, the BBC reported that he could earn more than £1.6 million that year in pay and bonuses. for-phone-only for-tablet-portrait-up for.
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Richard Meddings, current Non Executive Chairman of TSB, will take on the role of Executive Chairman with immediate effect in order to enable a full public search to commence for a new CEO. Directory of sites Login Contact Support. The Board of TSB Bank Plc has today announced that after 7 years as CEO, Paul Pester will be stepping down from his position and leaving the company. Pester was employed by McKinsey & Co as a management consultant, before running Virgin Money, and then working in various senior roles for Lloyds TSB, Santander and Lloyds Banking Group. TSB’S CEO PAUL PESTER SAYS I AM TRULY SORRY FOR THE SERVICE FAILURES. He has a first class honours degree in physics from the University of Manchester, and a doctorate (DPhil) in mathematical physics from Brasenose College, University of Oxford in 1988. TSB was launched in 2013 and was floated off in 2014 before being. He was educated at Tamar High School, Plymouth. Paul Pester joined Lloyds Banking Group in 2010 and was appointed to lead the launch of TSB and its separation from Lloyds in 2011.
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