Aldermore has appointed Sue Hayes to the newly created role of group managing director, retail finance.

She will join the bank in June and will become a member of its executive committee.

Reporting to Aldermore’s CEO, Phillip Monks, Hayes will be responsible for managing the existing bank’s mortgages and savings businesses as well as expanding into new areas.

Sue joins Aldermore from Barclays where she was managing director of premier and community segments and savings products. Prior to this, she worked at Santander UK, where she held a number of senior roles across retail and commercial banking, including managing director – business banking and director of product marketing. During this time Santander’s market share in new mortgages increased threefold.

Monks said: “Sue is highly respected, brings considerable banking experience to her new role, and will be a real asset to the Bank’s executive committee.

“Aldermore has established itself as a key supporter of professional landlords and homeowners that do not fit the cookie cutter approach of many providers, with our award-winning savings proposition offering competitive rates over the long term. Going forward we aim to broaden our offering, further helping individuals to achieve their goals, and Sue’s experience and knowledge will play a key role in our future development.”