Tandem Bank has added to its executive team with the appointment of two new senior executives.

David McCarthy (pictured) has been appointed as Tandem’s chief financial officer (CFO) becoming a member of both the bank’s Board and executive committee. He joins Tandem from Atom Bank where he has been CFO for the past eight years, following previous CFO and senior finance roles at Britannia Building Society, Co-Op Bank and Bank of Ireland.

Wahid Ali is joining Tandem as chief risk officer (CRO) from specialist lender Masthaven and will join McCarthy as a member of Tandem’s executive committee. Wahid has 20 years’ risk management experience from across the banking sector including holding senior positions at Barclays, RBS and Al Rayan Bank, as well as the Prudential Regulatory Authority (PRA).

Alex Mollart, Tandem Bank’s deputy CEO, said: “I’m thrilled to have both David and Wahid on board for the next stage of Tandem’s journey to becoming the UK’s greener, digital bank.

“There’s no question David and Wahid bring a wealth of knowledge, expertise and experience to the Tandem team as we continue to grow and become the go-to option for customers transitioning to a lower-carbon lifestyle.”