Chetwood Bank Strengthens Savings Strategy with Appointment of Ben Mitchell as Director of Savings

Chetwood Bank, the UK’s digital-first challenger bank, has appointed Ben Mitchell as its new Director of Savings, reinforcing its commitment to expanding and enhancing its savings offerings. This strategic hire aligns with Chetwood’s mission to provide customers with straightforward, high-value financial solutions.

With over 25 years of experience in retail banking and financial services, Mitchell brings a wealth of expertise to the role. Previously, he served as Head of Products at SilverRock Bank and Director of Savings at Tandem Bank, where he played a pivotal role in developing market-leading savings products. In addition to his financial services background, Mitchell has board-level experience in the higher education and charity sectors, giving him a well-rounded perspective on strategic management and product innovation.

His appointment marks a key milestone in Chetwood Bank’s journey to delivering competitive and customer-centric savings solutions.

Chetwood Bank currently offers savings products alongside its two specialist buy to let mortgage propositions – ModaMortgages and CHL Mortgages for Intermediaries – all tailored to meet specific financial needs. Having grown the balance sheet to more than £4bn, there is ambition to bring no nonsense banking to a greater number of UK consumers.

Ben Mitchell, Director of Savings of Chetwood Bank: “I’m excited to join Chetwood Bank at this point in its growth journey. This is a digital challenger bank that has established itself as a competitive force in the savings market, and I look forward to working with the team to build on this success.

“Our goal is to offer customers great savings products with the best possible experience, ensuring their financial needs are met with no nonsense and no jargon.”

Paul Noble, CEO of Chetwood Bank, added: “We’re delighted to welcome Ben to the team. His vast savings experience will be hugely valuable as we continue to grow and enhance our savings proposition. His leadership will help us build on our strong foundation, ensuring we remain a top choice for savers looking for competitive rates and a frictionless digital experience.”

Chetwood Bank will continue to invest in its savings proposition, providing customers with simple, accessible and rewarding financial solutions. As the bank scales its operations, customer experience remains at the heart of its mission, ensuring that every saver benefits from their no nonsense approach to banking.