Paul Thwaite

CEO, Commercial & Institutional ring-fenced bank


Paul Thwaite was appointed Chief Executive Officer of the Commercial and Institutional customer franchise in July 2022. He is responsible for the teams within the ring fenced bank that support business customers, ranging from start-ups through to multi-nationals. Alongside his role as CEO, Paul is also the executive accountable for the Group’s Payments business.

Paul has a track record of success in senior business and functional roles across Wholesale, Corporate, International and Retail Banking for the Group, and was most recently responsible for Commercial Banking, which included leading the Group’s response to supporting UK business customers through the Covid pandemic. Prior to this, he held Managing Director and Chief Risk Officer roles in International Banking, based in the UK and the US, working across multiple geographies. He also takes an active role in equality and inclusion initiatives, and actively drives a number of targeted DE&I programmes across the Group.

Outside the bank Paul holds a number of Financial Services advisory and non-executive roles, and is a member of the Whitehall Industry Group and the UK Government’s Business Finance Council.