Abbey mortgage bank today announced that it was planning to split its retail banking division, following the resignation of its executive director, Graeme Hardie, according to Reuters.

Two new divisions will be created, direct retail channels and intermediary business channel. The departments will be led by Rod Bulmer and Rick Okey respectively.

According to Reuters, Miguel Braganca has been appointed as "executive director responsible for product marketing, brand and customer relationship management.'

Retail