Tesco Bank appoints Lending Director

Tesco Bank has announced the appointment of Craig Bundell as its new ‘Help me Borrow’ Director.

Blundell will lead Tesco Bank’s lending business, including all of Tesco Bank’s lending products which includes a range of credit cards, with over 1.9 million customers and personal loans, with more than 440,000 customers.

Blundell, who joins from Hastings Direct, will also lead the development of new lending propositions and features so that Tesco Bank can continue to meet the borrowing needs of Tesco customers. He has a wealth of financial services experience from previous leadership roles at Barclaycard, Banco Santander, and TSB where he was responsible for leading the customer proposition and commercial strategy for the bank’s ‘everyday banking’ products, including its credit card portfolio. In his most recent role at Hastings Direct, he was responsible for the motor insurance category and led the transformation of the business’s product strategy.

He will begin his role on 30th January 2023 and will report to Tesco Bank’s Chief Banking Officer, Gail Goldie.

Welcoming the appointment, Gail Goldie said “I’m very pleased to welcome Craig to Tesco Bank. His reputation for driving customer-led strategies will be a tremendous asset in delivering Tesco Bank’s growth in the lending market. I know his passion and leadership will add real value to our team as we help Tesco shoppers to manage their money at a time of a rising cost of living.”