Chetwood Bank, the UK digital challenger bank, has appointed Ben Mitchell as Director of Savings. This appointment marks a significant step in Chetwood Bank’s strategy to expand its savings offering, ensuring customers benefit from compelling propositions and no nonsense banking.

Mitchell brings more than 25 years’ experience in retail banking and financial services, having held senior positions at SilverRock Bank as Head of Products and at Tandem Bank as Director of Savings, where he played a key role in shaping the banks’ savings propositions. With additional board-level experience within the higher education and charity sectors, Mitchell brings a broad perspective on both product development and strategic management.

This new role will see Mitchell driving Chetwood Bank’s commitment to delivering customer-centric savings products that support both the financial wellbeing of its customers and the long-term growth plans for the Bank.

Chetwood Bank currently offers savings products alongside its two specialist buy to let mortgage propositions – ModaMortgages and CHL Mortgages for Intermediaries – all tailored to meet specific financial needs. Having grown the balance sheet to more than £4bn, there is ambition to bring no nonsense banking to a greater number of UK consumers.

Ben Mitchell, Director of Savings of Chetwood Bank: “I’m excited to join Chetwood Bank at this point in its growth journey. This is a digital challenger bank that has established itself as a competitive force in the savings market, and I look forward to working with the team to build on this success.

“Our goal is to offer customers great savings products with the best possible experience, ensuring their financial needs are met with no nonsense and no jargon.”

Paul Noble, CEO of Chetwood Bank, added: “We’re delighted to welcome Ben to the team. His vast savings experience will be hugely valuable as we continue to grow and enhance our savings proposition. His leadership will help us build on our strong foundation, ensuring we remain a top choice for savers looking for competitive rates and a frictionless digital experience.”

Chetwood Bank will continue to invest in its savings proposition, providing customers with simple, accessible and rewarding financial solutions. As the bank scales its operations, customer experience remains at the heart of its mission, ensuring that every saver benefits from their no nonsense approach to banking.