has today announced that Jon Hall will be leaving his position as Chief Commercial Officer and Deputy CEO of Masthaven at the end of March 2021. Jon has worked at Masthaven for six years and leaves the business having been part of the leadership team that steered it from an idea, to the first new bank awarded a banking licence in 2016 and its current position as an established Specialist Bank.
Jon will continue to work alongside Masthaven’s senior leadership team to achieve the bank’s objectives over the coming months and ensure a smooth transition to his successors.
Leigh Bartlett, CEO of Masthaven, comments:
“I would like to take this opportunity to express my sincere thanks to Jon for his huge contribution over the last six years. He has played a significant role in the successful launch and growth of Masthaven bank, applying his depth of industry expertise and insight. The bank has grown from strength to strength under Jon’s leadership and he leaves it with a clear plan and secure foundations for its continued growth. He has made an indelible mark on the business and we wish him every success for the future."
Ashley Machin, Interim Chairman, comments:
“At the end of 2019 Jon expressed to the Board his potential desire over the medium term to seek a new challenge in his career outside of Masthaven. We’re sincerely grateful for his openness about his future plans, and for being clear in wanting to stay at Masthaven until early 2021 in order to complete a number of key initiatives. At a personal level, I’d like to take this opportunity to thank Jon for the huge commitment he has shown to both myself and the Bank since informing us of his plans last year, and before then as well."
Jon Hall, Chief Commercial Officer and Deputy CEO of Masthaven, said:
“It has been an absolute pleasure to work at Masthaven and I’m honoured to have been involved in its journey to not only becoming a well-established specialist lender, but also a new retail bank. The past six years have been a period of continuous change and development and I’m proud to have led the team in achieving such a big milestone. Whilst this has not been an easy decision to make, I feel 2021 is the right time for myself to take on a new challenge. I look forward to seeing what the future holds for the Bank as it continues to grow and evolve.”
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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.