Co-Op Bank’s chief financial officer to step down
The Co-Op Bank’s chief financial officer is to step down – it was announced this morning.
A statement was released to the Stock Market announcing Tom Wood is to step down as chief financial and restructuring officer.
Mr Wood, a former finance specialist from specialist lender Shawbrook, was brought in to stabilise the bank.
His role as chief restructuring officer was specially created to help turn around the business.
Mr Wood also worked at Northern Rock, the Skipton Building Society and NBNK Investments.
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