Lender TSB hires City headhunter

TSB has hired a top City headhunter as it ramps up the search for a successor to Paul Pester, who resigned in the wake of the lender’s IT meltdown.

According to a Press Association report, Odgers Berndtson has been drafted in to find a new chief executive whowouldrelievechair Richard Meddings of additional executive duties assumed following Pester’s departure.