Masthaven Bank, a UK based banking and financial service provider has revealed several changes made to its senior level leadership and management team in its latest announcement. As per statement released by the firm, it’s founder Mr. Andrew Bloom who had been serving as its Chief Executive Officer for nearly 16 years now has stepped down from his role but will continue to remain as part of its board in capacity of Non-Executive Director. Mr. Bloom will be succeeded by Mr. Leigh Bartlett effective immediately while Mr. Jon Hall continues to serve as Chief Compliance Officer and Deputy Chief Executive Officer. In his new role as Chief Executive Officer of the firm, Mr. Bartlett is responsible for driving the bank’s growth during this difficult period of economic scenario as it moves to achieve its vision to become one of the country’s leading specialist banks.
It should be noted that the bank is backed by one of leading global alternative investment firm, Varde Partners. The newly appointed head of the firm is an executive with two decades of experience in the financial services industry having served in numerous senior-level leadership and management roles under leading firms. Mr. Bartlett has been a part of the bank for nearly eight months now having joined the firm back in October of 2019 as its Chief Financial Officer. Before taking up her current role at the bank, he served as Group Chief Financial Officer at FNZ Group for one and a half years prior to which he served as Chief Financial Officer at Future Williams & Glyn Team for two years and three months. Earlier in his career, he has served as CFO at Westpac New Zealand Limited, CFO – UK Retail Banking & Insurance at RBS bank, Director of Finance – Retail Banking at Alliance & Leicester and Associate Director at KPMG Corporate Finance.
Commenting on his new role at the firm, Mr. 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”.
Speaking about Bartlett’s promotion as his successor, Mr. Andrew Bloom – Founder of Masthaven Bank 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”.
