Atom Bank appoints new CFO, Andrew Marshall
UK challenger Atom Bank has named Andrew Marshall as its new chief financial officer (CFO), replacing Atom co-founder David McCarthy, who is leaving the firm for personal reasons.
Marshall has over 20 years of experience and has been with Atom Bank for the last six years, holding the positions of group financial controller, deputy CFO and most recently director of corporate finance.
Prior to that, he worked at Barclays as financial reporting director and EY as a senior manager.
In his new role, Marshall will be tasked with ensuring Atom Bank stays on track as it aims for long-term profitability. Atom also states that Marshall will help prepare the bank for “a large capital event in the future”.
“In such a volatile period, our mission to make the experience of borrowing and saving simpler, faster and better value is more important than ever,” says Marshall.
The news follows the recent appointments of Andy Sturrock as chief technology officer (CTO) and Rebecca Cartwright as chief risk officer (CRO).
Earlier this year, the UK’s first app-based bank raised £75 million in a funding round led by existing investors BBVA and Toscafund.