TSB hires two executives from Metro Bank

TSB has announced two new appointments to its executive committee, with Cheryl McCuaig joining the bank as chief technology and digital officer and Richard Lees joining as chief risk officer, subject to regulatory approval.

Both McCuaig and Lees currently work at Metro Bank and will join TSB later in the year.

“Cheryl has an exceptional track record in technology leadership roles in investment, commercial and retail banking,” said TSB.

“She started her career at HSBC and has also undertaken senior roles at Credit Suisse, Barclays and Lloyds Banking Group.

“She is currently Chief Information Officer at Metro Bank.

“Cheryl’s extensive experience will help accelerate TSB’s digital plans to meet the growing needs of customers.

“Richard brings significant Risk and Credit expertise to TSB, with experience of leading the Risk function in mid-tier banks through his recent roles as Chief Risk Officer (CRO) at Co-op Bank and, currently, Metro Bank.

“He started his career at Bank of America and also spent more than ten years in Credit leadership roles at HBOS / Lloyds Banking Group.

“Richard has a reputation for having a strong customer-focus and long-standing experience in building strong relationships with stakeholders.”

TSB CEO Robin Bulloch said: “I’m delighted that we’ve attracted leaders of the calibre of Cheryl and Richard to TSB and I look forward to working with them as we continue to deliver our Money Confidence purpose for our customers.”

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Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.