Tandem Bank appoints former Allium CEO as new chief commercial officer
Tandem Bank has hired Paul Noble as its new chief commercial officer, charging him with leading its green digital bank ambitions.
Noble will work with the Tandem team to develop new products and services. These include an initial offering of green mortgages and green savings accounts,
Noble continues in an existing role as CEO of Honeycomb Finance. Tandem took on £44.6 million of unsecured loans from Honeycomb Finance earlier this year.
Noble also spent a year as group CEO of Allium Lending. Allium now acts as the new lending arm of Tandem Bank following a September restructure and acquisition.
Honeycomb Finance sold its equity stake in Allium in exchange for equity in Tandem.
“People care, probably more than ever, about the future of our planet,” says Noble. He adds that customers are taking direct action to tackle the current climate crisis “in ever increasing numbers.”
Tandem says that it continues to “adapt” to the needs of its customer base it will continue to look for experts from legacy banks.
Tanmde Bank CEO Ricky Knox said earlier this year that there would be some changes at the core of the bank.
The challenger announced a partnership with Mambu in September to help it launch new products.
Related: Tandem Bank sunsets credit cards, plans core restructure