Masthaven appoints new CEO

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  • Leigh Bartlett steps up from CFO to become the bank’s CEO
  • Jon Hall continues in his role as Chief Commercial Officer and Deputy CEO
  • Founder Andrew Bloom steps back from day-to-day involvement in the bank and moves to a NED position on the Masthaven Board
Masthaven Bank has made changes to its senior leadership team with the appointment of Leigh Bartlett as Chief Executive Officer (CEO).  Jon Hall will continue in his current role as CCO and Deputy CEO whilst Andrew Bloom, Masthaven’s founder, has stepped back from being CEO but will continue to remain on the Board as Non-Executive Director.
The new leadership team is now in place, providing the platform to drive Masthaven’s vision to become one of the UK’s leading specialist banks, backed by global alternative investment firm, Värde Partners.
Leigh joined Masthaven from technology company FNZ and has more than 15 years of experience as a CFO, operating principally in the financial services sector. He has worked both in the UK and overseas, having previously held CFO positions at Williams & Glyn, Westpac Banking Corporation, Direct Line Group, Royal Bank of Scotland and Alliance & Leicester.

Leigh Bartlett said:
“Masthaven Bank entered the market to work with corporate and intermediary partners to make finance accessible to growing groups of the population who were underserved by the high street lenders. As we’ve grown and matured, we have become well established within the specialist lending market, offering a competitive range of products, flexibility and a focus on technology-driven customer service without losing the human touch.
“To say this is an interesting time to be stepping up to the CEO role of the bank is an understatement. Nonetheless, I’ve been so impressed by the efforts of all our colleagues and our corporate and intermediary partners as we’ve rapidly transitioned to remote working and continued to serve our customers through the coronavirus crisis. Masthaven remains open for business with the financial backing of Värde Partners and our retail savings deposits, which has proven invaluable during this time. Masthaven is a key player in the UK specialist banking market and I’m looking forward to leading the bank as we move into the next stage of our evolution.”  
Andrew Bloom, founder, Masthaven, said: 
“Masthaven has been a major part of my life over the past 15 years. We have built an incredibly strong foundation and a great leadership team. I know I’m leaving the bank in safe hands with Leigh as CEO and Jon as Deputy CEO. As a non-executive director and significant shareholder, I will continue to assist the leadership team whenever I am needed and can add value.”

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 2019’s Most Innovative Digital Retail Bank UK by CFI, the second 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. The bank is regulated by the Financial Conduct Authority and Prudential Regulation Authority.
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Tom Reeder
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