Paul David Pester

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Paul David Pester (born January 14, 1964 ) is a British banker. Pester was CEO of TSB Bank from 2013 to 2018 .

Life

Pester grew up in Plymouth , England and attended Tamar High School. He later graduated from the University of Manchester and graduated with an Honors in Physics . Afterwards he received a doctorate (DPhil) from 1988 in Brasenose College of the University of Oxford in mathematical physics.

In 2013, Pester was selected to introduce TSB into Lloyds Banking Group . In June 2014, the BBC reported that he made more than £ 1.6 million that year including the bonus. Pester quit in September 2018, five months after a failed migration of account information that ended up in a new database system, rendering online banking impossible for millions of British bank customers.

TSB, a subsidiary of the fourth largest Spanish private banking group Sabadell, announced that the economic damage it caused totaled around £ 330 million.

Individual evidence

  1. ↑ BBC: TSB boss Paul Pester to step down after IT fiasco. Retrieved January 8, 2019 .
  2. ↑ Man at the top: The boss's biography. Retrieved January 10, 2019 .
  3. ↑ BBC: TSB boss defends potential £ 1.6m pay package. Retrieved January 8, 2019 .
  4. ^ Heise.de: Chaos after IT conversion: Millions of British bank customers locked out of online banking. Retrieved January 8, 2019 .
  5. ↑ TSB boss to step down after IT fiasco . September 4, 2018 ( bbc.com [accessed February 6, 2019]).
  6. ^ LaToya Harding: IT meltdown pushes TSB to £ 105m loss . In: The Telegraph . February 1, 2019, ISSN  0307-1235 ( telegraph.co.uk [accessed February 6, 2019]).
  7. ↑ TSB and Sabadell | Financials | TSB Bank. Retrieved February 6, 2019 (UK English).
personal data
SURNAME Pester, Paul David
BRIEF DESCRIPTION British banker
DATE OF BIRTH January 14, 1964