Additionally the bank has recruited a new CFO and made a duo of promotions.
Masthaven Bank has promoted Jon Hall to the role of chief commercial officer and deputy CEO.
The promotion of Hall (pictured), who had been managing director at Masthaven, heads a list of further appointments and promotions.
Andrew Bloom, CEO, Masthaven, said:“Jon has been a high-quality MD for Masthaven and is the right person to lead the day-to-day running of the bank as we pursue our five-year plan following the investment from Värde Partners.
"His move to CCO and deputy CEO is well-timed and well-deserved.”
Leigh Bartlett joins as chief financial officer (CFO) and executive director.
Bartlett comes to Masthaven from technology company FNZ and has more than 15 years of CFO experience having previously held the position at Williams & Glyn, Westpac Banking Corporation, RBS and Alliance & Leicester.
Bartlett said: “Masthaven is a key player in the UK challenger banking market and I’m looking forward to leading the bank’s finance function and playing a key role in the leadership of the bank as we move into the next stage of our evolution.”
Bloom added: “Masthaven continues to deliver against our growth plans while simultaneously ensuring that we have the right talent and ethos within the business.
"Leigh is a high-calibre, experienced individual who shares our vision for the bank that Masthaven is and can become.
“These appointments reflect our continued investment in growing an expert team to help serve our customers, challenge the traditional high street lenders and be a bank which can whether any economic storm."
Other senior promotions at the bank include Tricia Halpin who was promoted to chief people officer (CPO) and Paul McCan who has been promoted to chief technology officer (CTO).