Secure Trust names former Tesco Bank MD as new CEO
The chief executive of Secure Trust Bank (STB) has stepped down after 10 years in the post.
The Solihull-based bank has moved quickly to appointed David McCreadie as its new CEO after Paul Lyam announced her was leaving to join Equitini Group.
McCreadie is an experienced banker, who has worked in financial services for more than 30 years, and has been an independent non-executive director of STB since 17 December 2019.
Lyam will step down from the Board with effect from todayb (January5), but will remain with the bank in an executive capacity until March 31, to support the handover to McCreadie.
McCreadie started his career at The Royal Bank of Scotland (RBS), holding roles in Branch Banking, several Group central functions and Consumer Finance, becoming CEO of Kroger Personal Finance, a joint venture between RBS and the Kroger Co, based in Cincinnati. He joined Tesco Personal Finance in 2008 and was a member of the executive team that built Tesco Bank. He was an executive director and managing director, Tesco Bank from 2015 to 2019.
