Nathan Bostock
{{Short description|British banker}}
{{Use dmy dates|date=April 2022}}
{{Infobox person
| name = Nathan Bostock
| image =
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| birth_name = Nathan Mark Bostock
| birth_date = {{birth year and age|1960|10}}
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| nationality = British
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| occupation = Banker
| title = CEO, Santander UK
| term = September 2014-
| predecessor = Ana Patricia Botín
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| spouse = Married
| children = 2 sons
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Nathan Mark Bostock (born October 1960) is a British banker, and was the CEO of Santander UK, until leaving the role in 2022.
Early life
Nathan Bostock was born in October 1960.{{cite web|url=https://beta.companieshouse.gov.uk/officers/4BgNb8kyih9ZI44hvyscK3y2-Po/appointments|title=Nathan Mark BOSTOCK - Personal Appointments (free information from Companies House)|author=|date=|website=beta.companieshouse.gov.uk|access-date=19 January 2018}} He has a bachelor's degree in mathematics.{{cite web|url=https://www.bloomberg.com/profiles/people/6801129-nathan-mark-bostock|title=Nathan Bostock, Santander UK PLC: Profile & Biography|author=|date=|website=Bloomberg|access-date=19 January 2018}}
Career
Bostock started his career training as an accountant with Coopers & Lybrand before working for Chase Manhattan Bank in risk analysis and interest rate derivatives from 1988 to 1992, rising to head of risk analysis and finance, treasury and interest derivatives (Europe).{{cite web|url=https://www.scotsman.com/business/saturday-profile-nathan-bostock-1-831613|title=Saturday profile: Nathan Bostock|author=|date=|website=www.scotsman.com|access-date=19 January 2018}}
Bostock worked for RBS for nine years from 1993 to 2001, rising to head of risk.
From 2001 to 2009, Bostock worked for Abbey National (now Santander UK), and was a main board director from 2005.{{cite web|url=https://www.santander.co.uk/uk/about-santander-uk/about-us/executive-directors|title=Santander - Executive Directors - Santander UK|author=|date=|website=www.santander.co.uk|access-date=19 January 2018}}
In June 2009, Bostock returned to RBS as the "new right-hand man" to CEO Stephen Hester, tasked with trying to sell off non-core assets. He joined RBS as head of restructuring and risk, later becoming group chief risk officer and then finance director. In 2011 he turned down a move to head up the wholesale division of Lloyds Banking Group, reportedly due to the ill-health absence of their chief executive, António Horta Osório.[http://www.ft.com/cms/s/0/4050312e-9b95-11e2-8485-00144feabdc0.html#axzz2PLVrFJ3B RBS lines up Nathan Bostock as finance chief], Financial Times, 2 April 2013 He resigned after only ten weeks as finance director.{{cite web|url=https://www.theguardian.com/business/2013/dec/10/rbs-nathan-bostock-quits-resigns|title=RBS finance director Nathan Bostock resigns after 10 weeks in position|first=Jill|last=Treanor|date=10 December 2013|website=the Guardian|access-date=19 January 2018}}{{cite web|url=https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10509651/RBS-finance-chief-Nathan-Bostock-quits-after-just-10-weeks.html|title=RBS finance chief Nathan Bostock quits after just 10 weeks|first=James|last=Quinn|date=10 December 2013|publisher=|access-date=19 January 2018|via=www.telegraph.co.uk}}
Bostock joined Santander UK as deputy CEO in August 2014, and became CEO in September 2014, succeeding Ana Patricia Botín.{{cite web|url=https://www.independent.co.uk/news/business/news/santander-uk-appoints-nathan-bostock-as-new-boss-9762620.html |archive-url=https://ghostarchive.org/archive/20220618/https://www.independent.co.uk/news/business/news/santander-uk-appoints-nathan-bostock-as-new-boss-9762620.html |archive-date=18 June 2022 |url-access=subscription |url-status=live|title=Santander UK appoints Nathan Bostock as new boss|author=|date=29 September 2014|website=independent.co.uk|access-date=19 January 2018}}
In January 2018, the Liberal Democrat leader Sir Vince Cable stated in Parliament that Bostock had been responsible for RBS's Global Restructuring Group (GRG), when it had "engaged in an intentional strategy that resulted in mistreatment of business customers".{{cite web|url=https://www.bbc.co.uk/news/business-42739680|title=Santander boss named in RBS scandal|author=|work=BBC News |date=19 January 2018|publisher=|access-date=19 January 2018}}
Bostock received a £6.4m pay package in 2018.{{Cite web|url=https://news.sky.com/story/santander-ceo-nathan-bostock-banks-6-4m-pay-amid-branch-closure-plan-11649877|title=Santander CEO Nathan Bostock banks £6.4m pay amid branch closure plan|website=Sky News|language=en|access-date=2019-10-16}}
Personal life
Bostock is married, with two sons, and has a farm near Maidstone, Kent.
References
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Category:British chief executives of financial services companies
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