TSB appoints senior GE lawyer as new legal chief

TSB has appointed a new GC to take over from incumbent Susan Crichton, who is set to retire at the end of January.

Lorna Curry (pictured) joins the bank from GE Renewable Energy in Paris, where she was GC for its hydroelectric business.

Before moving into that role, she was GE Capital Bank’s GC for six years. Prior to this, she also spent time at Barclays Capital and legacy Denton Wilde Sapte.

Curry, who will start in January 2018, will be based in London and report to TSB chief financial officer Ralph Coates.

As part of the role, she will attend the bank’s executive committee and be responsible for providing legal advice to the board and CEO on the bank’s strategy.

Alongside this, Curry will manage the legal function comprising four teams: commercial, corporate, products and company secretariat.

Coates said: “With her wealth of experience, skill and industry knowhow, Lorna will be invaluable in guiding senior management through this next chapter for TSB.”

Prior to joining TSB, Crichton held GC roles at both GE Money and GE Consumer Finance as well as Skandia International and The Post Office until 2013.

Crichton said: “I have had a very enjoyable career with TSB and packed so much into my time here. However, it has always been my plan to retire this year and I am really looking forward to the next chapter in my life. I have worked with some great people in TSB and I am going to miss them all.”

TSB chief executive officer Paul Pester said: “Susan has been with TSB for four years and has made a huge contribution to many key milestones in TSB’s journey, such as the IPO in 2014, sale to Sabadell in 2015 and the current migration to our new IT banking platform.

“On a personal note, I would like to thank Susan for all her hard work, professionalism and commitment to TSB.  She has been a valued and trusted member of the leadership team and I wish her well in retirement.”