Paul Pester
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 60 |
| Date of birth | January 14,1964 |
| Zodiac sign | Capricorn |
| Date of Reg. | |
| Date of Upd. | |
| ID | 419868 |
Paul Pester Life story
Paul David Pester is a British banker. He was chief executive officer of TSB Bank from 2013 to 2018.
TSB fined £49m over IT banking chaos
... The issues were not fully resolved for eight months, and led to the departure of the bank s then chief executive Paul Pester...
TSB to close 82 branches next year to save costs
... Ms Crosbie replaced Paul Pester, following the IT debacle that began in April 2018 when an attempt to move data to a new computer system went wrong...
TSB board lacked common sense before IT meltdown, says report
... Paul Pester left the bank in September 2018 TSB s former chief executive Paul Pester, said: If these findings are right, Sabis rolled the dice by running tests on only one of TSB s two new data centres and this decision was kept from me and the rest of the TSB board...
TSB suffers £105m loss after computer chaos
... Chief executive Paul Pester stepped down in the wake of the fiasco...
TSB fined £49m over IT banking chaos
TSB has been fined nearly £49m for an IT meltdown in 2018 that caused chaos and left its customers unable to access online accounts for several weeks.
The UK's financial regulator Said the failings were " widespread and serious" and led to " significant disruption".
The problems began in April 2018 when an attempt to move data to a new computer system went wrong.
All areas of TSB's services were affected, including branch, telephone and online banking.
The issues were not fully resolved for eight months, and led to The Departure of The Bank 's then chief executive Paul Pester .
Mark Steward, Executive Director of enforcement and market oversight at the Financial Conduct Authority, Said : " The failings in this case were widespread and serious which had a real impact on the day-to-day lives of a significant proportion of TSB's customers, including those who were vulnerable. "
The problems were triggered when TSB tried to move 1. 3 billion customer records from an old system run by its former parent bank, Lloyds, to one managed by its current Spanish owner, Sabadell.
However, it proved disastrous with many customers being Locked Out of their accounts and some customers being given access to the confidential records of others.
The problems continued for many weeks and TSB came under fierce criticism for the IT failings.
The FCA Said while data itself was transferred successfully, the IT platform " immediately experienced technical failures".
" This resulted in significant disruption to the continuity of TSB's banking services, including branch, telephone, online and mobile banking, " it Said .
Source of news: bbc.com
Paul Pester Photos
