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M&S Bank has announced that Paul Spencer has been appointed Chief Executive Officer (CEO) of M&S Bank, following his appointment as interim CEO, M&S Bank, in February 2019.
Prior to this, Spencer was Chief Control Officer for HSBC’s Retail Banking and Wealth Management business. He also previously held the position of CFO for Marks & Spencer Financial Services.
Stuart Haire, Head of Retail Banking and Wealth Management, HSBC UK, said: “Paul is a great leader and not only does he have significant retail banking experience, but he’s also knowledgeable and passionate about the M&S Bank brand, having previously held the position of CFO for the business. I couldn’t think of a better leader for M&S Bank.”