BoE names Santander's Hogg chief operating officer

Hogg currently works as head of retail distribution and intermediaries at Santander UK. She will take up the position on 1 July. The role is new, and its creation reflects the recent increase in the bank's front-line functions. The COO will take responsibility for all aspects of the bank's day-to-day management, including human resources, finance, property, IT and security. The COO will have a status and remuneration equivalent to the deputy governor's. Outgoing governor Sir Mervyn King said: "I am delighted that Charlotte Hogg has accepted the invitation to become the bank's fi...