Philip Jenks, who has held leadership roles in the financial services industry for more than 50 years, has been named as a non-executive director (NED) for Chetwood Financial Limited, trading as Chetwood Bank.

Founded in 2016, Chetwood Bank is a digital bank on a mission to provide simple, effective financial products, with a no-nonsense approach to banking. It has recently launched an easy access savings account, which sits alongside its existing savings brand, SmartSave, and its two specialist buy-to-let mortgage lenders, ModaMortgages and CHL Mortgages.

Jenks is a vastly experienced chairman and NED and has demonstrated strong skills across banking, credit risk, technology and management during a long and successful career in financial services.

Jenks has held leadership positions with a number of market-leading mortgage businesses, including Halifax and HBOS. In the past decade, he has been a NED or chairman of the board for the likes of Leeds Building Society, Charter Court Financial Services, City of London Group and Recognise Bank.

At Chetwood Bank, Jenks will advise on the company’s strategic decisioning and commercial growth. With his vast experience of the mortgages sector, he will also provide input into the future growth of the ModaMortgages and CHL Mortgages brands.

Jenks said: “Across its different brands and products, Chetwood Bank is always focused on finding ways to help people financially, and that’s an ethos I’m very pleased to contribute to. I look forward to helping them execute their ambitious plans for the year ahead, not least with the growth of the new easy access savings product and ModaMortgages’ proposition, as well as the other exciting products.”

Paul Noble, CEO of Chetwood Bank, added: “Philip’s experience in the financial services sector is unmatched, making him an excellent addition to the Board. In particular, his knowledge of the mortgage market will be invaluable following the launch of our ModaMortgages’ proposition, so we’re delighted to have him join Chetwood Bank.”