Chetwood Bank has appointed Rajan Kapoor as non-executive director and chair of its audit committee, effective from 1 November.

He succeeds Emer Daly, who is stepping down after completing three terms in the role.

A chartered accountant with four decades of experience in banking and financial services, Kapoor will oversee Chetwood’s internal and external audits, financial and regulatory reporting, and internal financial controls. He will also act as the bank’s whistleblowing champion.

Kapoor spent much of his career at NatWest Group, where he served as group financial controller and held a series of senior finance roles. Since retiring from the group in 2016, he has held several non-executive positions across the financial sector.

He joined Charter Court Financial Services (CCFS) as chair of its audit committee, continuing in the role at OSB Group after its merger with CCFS in 2019, before stepping down earlier this year after nine years’ service. He is currently a non-executive director and chair of the audit committee at Revolut UK, and until June 2025 held the same position at Allica Bank.

Kapoor said he was pleased to be joining Chetwood at a key moment in its growth. “I’m looking forward to making a positive contribution, using the experience I’ve gained to help drive the business forward in the next stage of its growth journey,” he said.

Paul Noble, chief executive of Chetwood Bank, said: “We’re absolutely delighted to welcome someone with such extensive experience in chairing audit committees. Rajan’s deep expertise and understanding of regulatory compliance, risk management and financial oversight will be invaluable as we continue to uphold the highest standards of governance.”

Noble also paid tribute to Daly, praising her “outstanding contribution and dedication” and noting the “pivotal role she’s played in our growth and success”.