06 February 2016

HSBC's Sue Fox takes over as CEO of M&S Bank

21 March 2014  |  4869 views  |  0 Source: M&S Bank

M&S Bank today announces that Colin Kersley, CEO of M&S Bank, has made the decision to retire from the business after five years' at M&S Bank and 39 years' with HSBC, with effect from 30th April 2014.

Sue Fox, Global Head of Distribution for HSBC's retail business, will succeed Colin as CEO of M&S Bank, subject to regulatory approval.

Appointed CEO of M&S Money in January 2009, Colin has been responsible for the successful growth of the business, including the launch of M&S Bank in 2012. Prior to this, Colin held various senior positions within HSBC, including Head of Premier and Financial Planning and Regional Director for the South East.

Sue brings with her significant senior branch network leadership experience in both the UK and US.

Francesca McDonagh, head of retail banking and wealth management for HSBC in the UK said: "Colin has made a huge contribution to the business during his career, including the successful launch of M&S Bank, and his retirement is a loss to both M&S Bank and HSBC.

"Sue Fox is a proven leader with significant retail banking experience and I am delighted that she will succeed Colin as CEO of M&S Bank, subject to regulatory approval."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
Fintech rising: Resistance is futile, says...
9331 views comments | 47 tweets | 38 linkedin
Digital transformation driving earnings at...
8078 views comments | 39 tweets | 35 linkedin
ECB eyes up European P2P payments
7420 views comments | 27 tweets | 37 linkedin
Visa opens up to developers
6091 views comments | 23 tweets | 39 linkedin
Mondo releases API to let customers play w...
5662 views comments | 22 tweets | 21 linkedin

Featured job

Find your next job