Chetwood Bank has appointed Mark Foulsham as a non-executive director, strengthening its board with a technology and operations expert who brings more than three decades of experience across regulated sectors.
Foulsham (pictured) has held senior executive roles at a broad range of organisations, including as group chief information officer at esure and GoCompare, chief digital officer at Scope, and most recently as chief operating officer at Kensington Mortgages.
His career began in civil engineering, a background he credits for his analytical approach, before progressing into IT, operations and procurement leadership across utilities and financial services.
He has also served in advisory and consultancy roles for a range of regulated entities, including Cashplus (now Zempler Bank), Prudential, SEGRO, the Civil Aviation Authority and Camelot.
He holds a strong governance pedigree, with past non-executive roles at Leeds Credit Union, Cobweb and Franklin Music, as well as board advisory work with CIONET and Partners in Change Consulting.
Foulsham’s appointment follows a period of marked growth for Chetwood Bank. The Wrexham-headquartered digital challenger recently surpassed £5 billion in balance sheet size for the first time and announced the opening of a new Manchester city centre office to complement existing sites in London and Fleet. Fellow non-executive Rob Pomphrett also joined the board in the same period.
Chetwood was founded in 2016 with a focus on simplifying money management through digital-first savings and mortgage products. The bank operates its mortgage proposition through the ModaMortgages and CHL Mortgages brands.
Speaking on his appointment, Foulsham 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.”
Chetwood Bank’s chief executive, Paul Noble, said: “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.”
