Santander Insurance Services UK Limited (SISUK LTD) has announced the appointment of James Dunne as CEO, following Richard Al-Dabbagh’s successful appointment to the role of Managing Director, Global Head of Corporate Development and Transformation within the Wealth Management and Insurance (WM&I) Division at Banco Santander.
James has been appointed CEO of SISUK LTD alongside his existing responsibilities as MD of Santander UK Wealth Management. Tony Longden will be Head of Insurance, reporting to James Dunne. The SISUK LTD CEO appointment is subject to approval by regulators.
Susan Allen, CEO Retail & Business Banking at Santander UK, said: “We’re pleased to appoint James Dunne as CEO of SISUK as our Wealth Management and Insurance divisions become more closely aligned. During his 7 years as CEO of SISUK, Richard has done a fantastic job in developing our insurance business and strategic insurer partnerships, and steering the business through a significant period of transformation and digitisation and he’ll continue working closely with the Santander UK team in his new role.”
With more than 14 years’ experience in the UK financial services industry, James was appointed Managing Director of Santander UK Wealth Management in May 2020, where he is responsible for the direction and growth of the wealth management division, including branch-based financial planning, private banking proposition and digital investment services for Santander UK.
He has been with Santander since 2009 and his previous roles include Global Head of Digital Investing at Banco Santander and Head of Digital Investing at Santander UK, where he gained strong experience working across a range of investment products and banking services in a variety of markets.
James Dunne, CEO SISUK LTD, said: “I’m looking forward to building on the existing relationship between the Wealth Management and Santander Insurance divisions within Santander UK, where protection solutions play a key part in our financial planning proposition. And I look forward to working with Tony and the Insurance team to keep bringing innovative protection solutions to our customers through our face to face and market leading digital channels.”
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Notes to Editors
James Dunne biography
2020-2021 – Managing Director of Santander UK Wealth Management
2018-2020 – Global Head of Digital Investing, Banco Santander
2016-2018 – Head of Digital Investing, Santander UK
2013-2016 – Head of Strategy & Business Development, Santander UK
2012-2013 – Director of SME Markets, US & Europe, Banco Santander
2011-2012 – Director of Commercial Development, Santander UK Corporate & Commercial
2009-2011 - Technical Business Manager, Santander UK Corporate & Commercial
Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2020, the bank had around 21,900 employees and serves around 14 million active customers, via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.
Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in Europe and the Americas, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of 2020, Banco Santander had more than a trillion euros in total funds, 148 million customers, of which 22.8 million are loyal and 42.4 million are digital, 11,000 branches and 191,000 employees.
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