back Back

Tandem bank hires new CFO, CRO from rivals Atom, Masthaven

By Gloria Methri

November 23, 2022

  • Atom Bank
  • Challenger Bank
  • FinTechs
Share

Tandem bankLondon-based challenger bank Tandem has made two new additions to its executive team, to bolster its C-suite and continue its growth. The company has named David McCarthy as its new chief financial officer (CFO) with Wahid Ali joining as chief risk officer (CRO).

Both new hires will join Tandem’s executive committee, with McCarthy will becoming a member of the bank’s Board.

McCarthy has made a switch from rival Atom Bank, where he has been CFO for the past eight years. He has also previously held senior finance roles at Britannia Building Society, Co-Op Bank, and Bank of Ireland.

Ali is joining Tandem from specialist lender Masthaven, having 20 years of risk management experience in the banking sector. He has held leadership positions at RBS, Barclays, Al Rayan Bank as well as the Prudential Regulatory Authority (PRA).

The new appointments follow a recent announcement from Tandem that Susie Aliker will step down as CEO, with Alex Mollart will take over the top role. The bank also named Paul Pester as chairman in June this year.

Speaking of the new hires, Alex Mollart, Tandem Bank’s Deputy CEO, said, “I am thrilled to have both David and Wahid on board for the next stage of Tandem’s journey to becoming the UK’s greener, digital bank. There is no question David and Wahid bring a wealth of knowledge, expertise, and experience to the Tandem team as we continue to grow and become the go-to option for customers transitioning to a lower-carbon lifestyle.”

Previous Article

November 23, 2022

5 financial apps supporting women-led businesses

Read More
Next Article

November 23, 2022

Lumin Digital announces partnership with Vantage Credit Union

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Atom Bank

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

4 BNPL platforms providing financial freedom to consumers in MENA

Read More

Today

Klarna integrates Sofort payment service with Klarna Payments

Read More

Today

PayDo partners with ClearBank for automated currency conversion

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024