Northern Rock ad boss leaves

David Henderson, director of advertising at state-owned bank Northern Rock has left the firm after 30 years. It is not known whether he has a job to go to.

A spokeswoman for Northern Rock says Henderson’s departure is by “mutual agreement” and no decision has been made on any future appointment.

She adds that Henderson’s duties will be split between product director Lloyd Cochrane, who take over responsibility for advertising and Anthony Mooney, head of retail banking.

The nationalised bank has scaled back its marketing activity since being taken under state control last February.

Earlier this year, it announced plans to split its business into separate divisions and grow its mortgage business with the Treasury keen for the bank to increase its mortgage lending by up to £14bn over the next two years, subject to European approval.

There are no immediate plans to launch any campaigns for the new mortgage business.

The bank continues to be the primary sponsor of both Newcastle United and the Newcastle Falcons rugby union club.

Latest from Marketing Week

PLEASE SIGN IN OR REGISTER. IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now

THE BEST CONTENT

Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here