Sunday, December 22, 2024

Banking veteran Marc Page hired by Metro Bank as CFO

  • Metro Bank has appointed Marc Page, formerly of Barclays, as its new Chief Financial Officer (CFO), effective from 2 September.
  • Page, who has held several senior roles at Barclays since 2017, including CFO of non-bank lender Kensington Mortgages, will succeed interim CFO Cristina Alba Ochoa.
  • Metro Bank recently secured shareholder approval for a £925 million refinancing plan from Morgan Stanley and Moelis, which gave majority control to Spaldy Investments, owned by Colombian billionaire Jaime Gilinski Bacal.
  • The bank also announced plans to cut around 800 jobs and review branch opening hours to save up to £50 million annually.

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