A&L corp comms team leave ahead of relocation plan

Former building society the Alliance & Leicester (A&L) is facing a

corporate communications exodus, as 15 of its 17-strong team depart

ahead of the firm's relocation to Leicester from its London base.

The firm decided to take the unit to the Midlands, so it could work more

closely with its operational business unit.

Among those departing is group head of corporate communications Paul

Lockstone, who is to join Merlin Financial in December. His replacement

is investor relations head Stuart Dawkins.

The firm has used the departures to restructure the division, creating a

head of commercial relations position reporting to Dawkins.

The recruitment process is ongoing, with an appointment due by the end

of next month.

Saying that family reasons were behind his decision, Lockstone said the

departures were not down to geographical prejudice: 'It is not a

reflection on Leicester, it's just a matter of people's personal


Other staff to depart include press office head Michelle Pegley, who

takes maternity leave, and head of internal relations Helen Terry. A&L

has so far recruited to all but three of the positions.

'I'd be naive to say I don't envisage teething problems, but I expect

continuity from those promoted from within,' said Dawkins.

He added there were no immediate plans to review the bank's retained

agencies, although this was 'on the list' to be considered.

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