23 March 2017

Paulina Beato to join TSB Bank PLC as independent non-executive director

TSB Bank plc is pleased to announce the appointment of Paulina Beato as an Independent Non-Executive Director.
Paulina is an experienced Board Director and Advisor with significant international expertise across a range of different industries and governmental agencies. Paulina is passionate about competition, has been very active within financial regulation and was deeply involved in the privatisation and restructuring of the utilities sector in Spain.
Commenting on her appointment, Will Samuel, Chairman at TSB says, “I am delighted to welcome Paulina to TSB, she will bring a wealth of skills to our non executive team, including experience of audit, risk and risk analytics, and extensive knowledge of banking and banking competition in Europe.”
Paulina says: “I have a passionate belief in the benefits of competition for consumers and the critical role that good regulation delivers in this regard.  The values of TSB strongly echo my own. I’m excited to join TSB to learn more about UK banking and to support TSB in its role as the UK’s challenger bank.”

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Notes to editors

TSB was built to bring more competition to UK banking – to be a real challenger to the big banks and to deliver the kind of banking the people of Britain want. TSB only serves local customers and local businesses, to help fuel local economies, because communities thriving across Britain is a good thing for all of us.

We have a simple, straightforward and transparent banking model and make clear on our website how we operate and make money. We offer the products and services people tell us they want, with none of the funny stuff people normally associate with traditional banks.

Our over 5 million customers, award winning mobile and digital banking, nationwide network of branches and 8,200 Partners mean we are big enough to make a difference, but small enough to be an agile challenger to the entire market.

For further information about TSB Bank plc, please visit our website www.tsb.co.uk.

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