Tesco bank appoints interim underwriting chief

Tesco Bank has announced the appointment of Gary Duggan to the roles of interim Chief Executive Officer, Tesco Underwriting, and interim Chief Insurance Officer, Tesco Bank.

Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

These appointments are subject to regulatory approval.

Gary has spent his career in banking and insurance and is currently a senior adviser at Oxbow Partners, a European insurance consultancy.

From 2017-2020 he was CEO of Saga Services, leading their insurance broking and personal finance businesses. Prior to this he was Managing Director of Junction, the UK’s largest General Insurance partnership business, and was previously CEO of Broker Network and Paymentshield at Towergate. Gary also spent over 20 years in the banking sector with Barclays, GE and HBOS.

Gary’s appointment will take effect from Monday 5 July and will run for at least 12 months. He will replace Steve Kingshott who is leaving the business.

Gerry Mallon, Tesco Bank Chief Executive, said: “I’d like to welcome Gary to our business. He has a wealth of experience in banking and insurance which will be invaluable to us, our customers, and our partners.

“Tesco Bank’s acquisition of Tesco Underwriting earlier this year underlines our commitment to the insurance market and our strategy of focusing on propositions which better meet the needs of Tesco shoppers.”

Sponsored [New Survey Report] The Global Fight Against Trade-Based Financial Crime

Related Company

Keywords

Comments: (0)

[Webinar] Why real-time payments are a game-changer for corporate banking servicesFinextra Promoted[Webinar] Why real-time payments are a game-changer for corporate banking services