Web1 day ago · The Bank of England said on Thursday that it has fined the former chief information officer of TSB Bank for failings related to its 2024 IT migration programme. BoE fines former TSB Bank exec over ... WebHead Of Procurement and Supplier Relationship Management. permanent tsb. Jun 2024 - Present4 years 11 months. Currently leading the Bank’s Cost Optimisation Programme via internal and external partners driving innovation and delivering significant savings with a relentless focus on strategic transformation via people, processes and technologies.
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WebApr 13, 2024 · TSB Bank’s former chief information officer has been fined after its botched IT upgrade in 2024. The Bank of England has handed an £81,620 fine to Carlos Abarca after the failed IT migration left many of its 5.2 million customers unable to access banking services. The central bank’s Prudential Regulation Authority (PRA) division penalised ... Web1 day ago · The central bank’s Prudential Regulation Authority (PRA) division penalised the IT specialist under the UK’s senior manager conduct rules, which were introduced after the 2008 financial crisis to hold top bankers to increased account. Issues following TSB’s planned upgrade saw disruption across TSB’s entire branch network, as well as ... eac workaround
Rachel Dolan - Head Of Procurement and Supplier Relationship
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