Overview

• Regnier said he plans to exit in the first quarter of 2026 after four to five years at the bank to pursue other interests.
• He told the board the timing should allow a successor to lead the lengthy integration of TSB through to completion.
• Santander agreed in July to acquire TSB for about £2.65 billion and intends to fold the business into Santander UK.
• The deal would add roughly 5 million customers, £34 billion in mortgages, £35 billion in deposits and 218 branches to the group.
• Executive chair Ana Botín praised the plan for enabling an orderly transition, while reports note the TSB brand could disappear and further branch closures are feared.