Santander UK appoints Regnier to replace Bostock

Santander UK has appointed Mike Regnier to replace Nathan Bostock its chief executive, bringing the bank's seven-month search to an end. The Spanish bank has been hunting for a head for its UK operation since April, when it announced that Bostock, who has led the bank since 2014, would step down at the end of the year. "I am confident that he will provide the strategic leadership required to drive the bank forward," Santander chair William Vereker said. Regnier joins from Yorkshire Building Society, where he has been chief executive since 2017. The bank had to write down its goodwill value last year, driving it to its first ever quarterly loss.

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