Former Santander head of banking legal Jason Elphick has joined OneSavings Bank as group general counsel and company secretary.
Elphick joins the FTSE 250 firm having spent two and a half years at Santander leading a team of lawyers supporting the retail, wealth and corporate activities of the bank in the UK. He replaces Zoe Bucknall who left OneSavings Bank at the end of March.
Before joining Santander, Elphick spent more than a decade at the National Australia Bank, where he served as GC for capital and funding and GC for products and regulation. He spent his early career at Mallesons Stephen Jaques in Australia and Sidley Austin in New York.
OneSavings Bank is a specialist lender for residential and commercial mortgages with a balance sheet of more than £3bn. The bank was subject to an IPO in May 2014, joining the FTSE 250 index in June last year.
Santander recently recruited John Collins from Royal Bank of Scotland after just 11 months as the bank’s GC. Collins joined Santander as director of legal, compliance, regulatory affairs and anti-money laundering, leaving RBS in December last year.
In other recent in-house moves, Boston Consulting Group has appointed Ulrike Schwarz-Runer from property development company Grosvenor as global general counsel. Schwarz-Runer will be responsible for the firm’s legal affairs and report to chief executive Rich Lesser.
Meanwhile, the International Swaps and Derivatives Association confirmed last month that acting GC Katherine Tew Darras would permanently take on the role. Tew Darras had been ISDA’s acting general counsel since January and will continue to be based in the organisation’s New York office.
matthew.field@legalease.co.uk
