Andrew Besterman is a highly experienced leader in the financial services industry, currently serving as the Group Chief Executive Officer of Phoenix Group, a FTSE 100 company and the UK's largest long-term savings and retirement business. His career spans several decades and includes significant leadership roles at major banking institutions such as The Co-operative Bank, Lloyds Banking Group, and Standard Chartered. Andrew is known for his strategic acumen, focus on customer outcomes, and his ability to lead large, complex organizations through periods of transformation and growth. He has a strong track record in commercial and retail banking, risk management, and driving operational excellence.
Andrew Besterman's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Appointed as Group Chief Executive Officer of Phoenix Group in March 2020, leading the UK's largest long-term savings and retirement business with a clear strategy focused on growth, sustainability, and customer well-being.
Served as CEO of The Co-operative Bank from July 2018 to July 2019, where he was instrumental in leading the bank's ongoing transformation and strengthening its financial position while upholding its ethical values.
Held several key senior executive positions at Lloyds Banking Group between 2012 and 2017, including Group Director and CEO of Commercial Banking, where he was responsible for a significant part of the bank's operations and client relationships.
Spent 17 years at Standard Chartered Bank in various senior roles across different geographies, including Group Head of Consumer Banking for Asia, and Chief Operating Officer for Wholesale Banking in Asia, gaining substantial international and diverse banking experience.
Actively promotes sustainability and social purpose within Phoenix Group, aligning business strategy with environmental, social, and governance (ESG) principles to create long-term value for customers, shareholders, and society.
University of Houston - Year 1983
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