Co-op poaches executive from CYBG to head up its SME offering
The Co-operative Bank has poached a senior executive from CYBG to head up its SME banking business.
Donald Kerr will take up the role of managing director of SME banking following regulatory approval.
In his previous role at CYBG he was head of SME banking.
Before that he oversaw a phase of growth at Lloyds Banking Group, where he held roles in commercial finance and SME banking.
The appointment follows The Co-operative Bank’s aim to take a share of a new £750m fund designed to bolster competition in the market.
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