The Co-operative Bank appoints new CEO
Following the departure of Bruce McLachlan in March, the bank has now named his permanent replacement.
Monday, May 1st 2017, 12:39PM
The Co-operative Bank today announced the appointment of David Cunningham as its new chief executive, subject to regulatory approval. Cunningham has been a member of the Bank’s Leadership Team since 2012 in the role of General Manager Customer Banking, and has worked in a variety of leadership roles in the banking sector since 1990.
He replaces Bruce McLachlan, who left the Bank on 31 March 2017 to take up the role as CEO of Fisher Funds.
Cunningham’s appointment follows a comprehensive process. Chairman Steven Fyfe said Mr Cunningham has been an integral member of the leadership team that has developed and delivered the Bank’s strategy, which has seen the Bank grow substantially while further enhancing the market-leading customer service for which the Bank is renowned.
“As a customer-owned bank which exists solely for the benefit of its 157,000 customers, we are well positioned to continue our growth, and to Change Banking for Good,” said Fyfe.
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