Metro Bank hires former Abbey director to board

METRO Bank, the first new start-up bank to hit the UK high street in 100 years, yesterday said it had hired Graeme Hardie, the former executive director for retail banking at Abbey National, as a non-executive director.

Hardie is an old hand in the retail and business banking world. Prior to joining Abbey, where he was part of the team overseeing the firm’s acquisition by Santander, he was managing director of the branch network of NatWest following its takeover by the Royal Bank of Scotland.

More recently, he has been a senior adviser on retail markets to the Financial Services Authority.

He joins seven other non-executives on Metro Bank’s board, including Commerce Bank founder Vernon Hill, former Midland Bank chief executive Eugene Lockhart and Stuart Bernau, ex-retail director at Nationwide.