Co-op Bank appoints Dennis Holt as chairman

first_img whatsapp Tags: The Co-operative Group Monday 27 October 2014 6:39 am Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comYahoo! SearchResearch Car Donation For CharitiesYahoo! SearchThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekFreight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesFreight & Shipping Quotes | Search Ads Show Comments ▼ The Co-operative Bank has confirmed Dennis Holt as chairman of the board, a month after he stepped in on an interim basis.  Holt joined the troubled bank as a senior independent director in February of this year, and was promoted when Richard Pym stood down to join Allied Irish Banks at the start of October.  Holt has 43 years of experience in banking and insurance, including being an executive director of Lloyds TSB, where he was responsible for the retail division of the bank.Other roles include deputy chairman of the Bank of Ireland, chairman of the Bank of Ireland UK and chairman of Liverpool Victoria.  He is currently non-executive chairman of Beazley. Co-op Bank chief executive Niall Booker said Holt’s work in the nine months as a director had been “invaluable”, saying the bank would benefit from “his experience, counsel and existing institutional knowledge as we continue the work required to turn the bank around”. Booker added: “His involvement in a wide range of challenging market environments will serve the bank well as we continue to restore trust in our brand and focus on building a credible, efficient and differentiated alternative for customers.” Holt said: “Considerable progress has been made over the last 12 months and we are clear on what remains to be done.   “I look forward to the challenge of completing this work and supporting Niall and his team as we build on our heritage of offering banking services rooted in strong ethics and values to individuals and small businesses.”  Catherine Neilan whatsapp Co-op Bank appoints Dennis Holt as chairman last_img

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