Chetwood Bank has announced Mark Foulsham will join its Board as non-executive director.

Mark brings more than 30 years of experience in information technology (IT), operations and third-party procurement to the role.

Mark originally qualified as a civil engineer and retained a practical, analytical mindset while subsequently progressing into senior executive roles, overseeing digital and capital investment programmes at South East Water, SAUR UK and Macquarie Bank. He has since served as Group Chief Information Officer for esure and GoCompare; Director of Delivery Services, Chair and advisory board member at CIO Connect; Chief Digital Officer at Scope; and Chief Operating Officer at Kensington Mortgages, accumulating extensive experience as an FCA SMF24 function holder.

As a consultant and adviser, Mark has guided organisations in tightly regulated industries, from financial services firms such as Cashplus (now Zempler Bank), Mansfield Building Society and Prudential, to the property firm REIT SEGRO, the UK Civil Aviation Authority and National Lottery operator, Camelot.

He has also held a number of non-executive roles including positions at Cobweb, Leeds Credit Union and Franklin Music, as well as acting as a board advisor at CIONET and Partners in Change Consulting.

Mark joins the UK-based digital challenger bank at an exciting time for the company just days after announcing its balance sheet had exceeded £5 billion for the first time, as well as revealing it was expanding its operations by opening a new office in Manchester city centre to add to its existing offices in Wrexham, London and Fleet. The bank has also recently appointed Rob Pomphrett as another non-executive director.

Founded in 2016, Chetwood Bank is dedicated to helping people make sense of their money with easy-to-understand savings accounts and mortgages, delivered through its ModaMortgages and CHL Mortgages’ brands.

Mark said: “It’s a great opportunity to join Chetwood Bank at such an exciting time in its journey. I’ve often joined organisations at a relatively early stage in their growth and the prospect of helping to shape their direction is truly energising."

“The experience I’ve gained throughout my career has given me a great grounding in supporting and managing problem solving in an orchestrated and harmonious way."

“The company’s recent milestone demonstrates the astute planning by the talented members of its senior leadership team and Board. I’m looking forward to playing my part in adding customer-focused value to our proposition and helping Chetwood Bank build new foundations for its future.”

Paul Noble, CEO of Chetwood Bank, added: “We’re thrilled to welcome Mark to the Board as a non-executive director. His experience and strong multi-faceted track record will add real depth to our governance as we enter our next phase of growth."