Masthaven Bank is pleased to announce that it has strengthened its Leadership Team and Board with a number of new appointments as well as promotions to support its plans for 2021 and beyond.
Among the senior appointments, Mark Record has been appointed to the newly created role of Chief Information Officer (CIO) leading the Bank’s Technology, Change and Business Information functions. Mark joins from Capita’s financial services arm and has previously held a range of CIO roles at Barclays, the Co-op Bank and RBS, as well as serving as an industry consultant.
Simon Furnell, Chief Operating Officer, and David Kennedy, Operations Director, have also taken on new responsibilities at Masthaven. Simon Furnell will now be responsible for Marketing, Distribution and Products, as well as continuing to lead the Bank’s Savings function and internal operations. David Kennedy is being promoted to a newly created role of Chief Lending Officer where he will look after all lending activities across short-term (bridging) and long-term (mortgages).
The Bank is also pleased to announce that Simon Glass has joined the Masthaven Board as a new Independent Non-Executive Director. Simon has considerable experience in the financial services sector having held a number of senior roles, and further strengthens the Board following the appointment of Malcolm McCaig earlier in the year.
Leigh Bartlett, Chief Executive Officer at Masthaven, said:
“Masthaven traded robustly through the challenges of the pandemic this year and remains open for business. All our colleagues have worked incredibly hard to make sure our customers, and the intermediaries we work with, have access to the right financial solutions and support. As the economic impact of COVID-19 continues to affect the UK, the specialist financial services sector will be called upon to provide the products and the credit people needed in order to see them through the other side of the crisis and on the road to recovery. These appointments, together with the recruitment of 36 new colleagues since the first national lockdown positions Masthaven well to deal with any uncertainty as we prepare to move into the new year.”
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About Masthaven Bank
Masthaven launched as a retail bank in 2016 and offers award-winning saving and lending products. Prior to that, Masthaven Finance has provided a flexible and personalised approach to bridging loans and secured lending since 2004.
Today, the bank’s knowledgeable and experienced specialists are committed to providing customers with flexible and fixed term savings accounts, bridging loans, development finance and mortgages.
Masthaven was recognised as 2020’s Most Innovative Digital Retail Bank UK by CFI, the third consecutive win for the category. Masthaven won Best Second Charge Mortgage Lender in the Your Mortgage Awards 2018/19 and Customer Service of the Year in the Money Age Mortgage Awards in 2019. It was also awarded Best Specialist Lender in the Moneynet Personal Finance Awards 2019.
Masthaven Finance has featured in 2015’s The Sunday Times’ Virgin Fast Track 100 (at number 81) and the bank ranked 240 in Financial Times’ FT1000 list published in 2017. In 2020 it featured in Forbes as one of the top 10 fastest growing companies in the UK. In 2020, it featured in Forbes as one of the top 10 fastest growing companies in the UK.
The bank is regulated by the Financial Conduct Authority and Prudential Regulation Authority.