18 May 2021

TSB appoints Alicia Reyes as Non-Executive Director

TSB has today announced the appointment of Alicia Reyes to the TSB Board as a Non-Executive Director, effective immediately.

Alicia will replace César González-Bueno as a Banco Sabadell nominated director. César is standing down from the TSB Board following his appointment as Chief Executive of Sabadell in March 2021.

Alicia has extensive financial services experience including senior executive roles at Wells Fargo Securities, where she was CEO for Europe, the Middle East and Africa (EMEA), and at Barclays Capital. She joined the Board of Banco Sabadell, the owner of TSB, in December 2020.

TSB’s Chairman, Richard Meddings, said: “I am delighted to welcome Alicia to the Board. She has a wealth of experience in financial services and will provide invaluable insight to TSB as we take forward our growth strategy.”

The appointment of Alicia to the TSB Board follows the appointments of Adam Banks, Libby Chambers and Mark Rennison over the past year.

Alicia Reyes, said: “It’s an honour to join the Board of TSB, a brand with a strong heritage of social impact and an important part of the Sabadell Group.”

Alicia Reyes Biography

Alicia Reyes Revuelta joined the Board of Banco Sabadell in December 2020. She is also a member of the Delegated and Risk Committees of the Sabadell Board. Between 2016 and 2020, Alicia was CEO of Wells Fargo Securities for Europe, the Middle East and Africa (EMEA). She started her career at Deutsche Bank and spent nine years at Barclays Capital in several roles including Global Head of Structuring, Insurance Solutions and Strategic Equity Derivatives in the Investment Banking Division.

Alicia holds a PhD in Quantitative Approaches and Financial Markets from ICADE, Madrid.  Her other current posts include as an independent Non-executive Director at Ferrovial, S.A., visiting Professor at the Institute of Finance and Technology in the Engineering Faculty of University College London (UCL) and Trustee of the UK NGO, Fareshare.

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Notes to editors

Adam Banks was appointed to the TSB Board in February 2021. After graduating from the University of Portsmouth in Business Information Systems, Adam joined International Computers Limited before moving to Lloyd’s of London. Adam worked for Visa Europe for sixteen years until 2013 when he moved to Monitise. From 2015 to 2020, Adam worked for A.P. Moller Maersk where he was Group Chief Information and Technology Officer, leading worldwide change, technology strategy and delivery. Adam currently sits on the Boards of Pollinate International, Dakia, Euroclear UK&I and DCSA. Previous advisory board roles include IBM and Gartner.

Libby Chambers was appointed to the TSB Board in October 2020. After a degree at Stanford University, Libby began her career at Morgan Stanley & Co. She later completed an MBA at Harvard Business School. Following ten years with McKinsey & Company as an associate and later a partner in its financial services practice, she worked in senior product, marketing and strategy roles at a number of major organisations including Western Union, Freshfields Bruckhaus Deringer, Barclays Bank, Barclaycard and Bank of America. Libby is a Senior Advisor to Searchlight Capital Partners and its portfolio companies and currently sits on the Boards of Provident Financial Group plc, Tilney Smith & Williamson Limited, and the University of Colorado Anschutz Medical Campus.

Mark Rennison was appointed to the TSB Board in August 2020. He is a chartered accountant and was CFO for Nationwide Building Society for 12 years where he was a key figure in leading the business through the financial crisis, successfully maintaining balance sheet resilience and growth. He began his career at Price Waterhouse (now PwC), where he spent over ten years as a partner, specialising in financial services. Mark is also currently a non-executive director at Homes England and Royal London.