One of HSBC’s top UK executives has surprisingly quit to run the Skipton Building Society, one of the UK’s largest mutual finance companies.
Sky News has learned that Stuart Haire, group general manager and chief executive of the UK personal and private banking business of the London Stock Exchange-listed banking giant, is to become Skipton’s new CEO.
An announcement could be made as early as Monday morning.
Mr Haire has been with HSBC for six years, having previously spent almost a decade in senior positions at the Royal Bank of Scotland.
He also had a previous stint at HSBC and worked for KPMG, the Big Four accounting firm.
At Skipton, he will replace David Cutter, who has stepped down after 13 years as CEO.
Ian Cornelius was appointed interim boss in April.
169-year-old Skipton is a major player in the UK mortgage market and ranks as the fourth largest building society by wealth.
Only Nationwide, Yorkshire and Coventry are larger in this sector.
Skipton and HSBC spokesmen declined to comment this weekend.
Senior HSBC manager Haire surprisingly takes charge of Skipton | business news
Source link Senior HSBC manager Haire surprisingly takes charge of Skipton | business news