Atom Bank has hired Gareth Jones as chief risk officer.

He will take up the role, subject to regulatory approval, from Chris Sparks, who retires after nine years at the app-based bank.

Jones joins Atom from The Co-Operative where he has worked for 26 years, most recently as Chief Risk Officer.

Over the course of his career, Jones has held a variety of roles, and Atom, will ensure the bank maintains and further enhances its risk-management culture.

Jones says: “The opportunity to join an ambitious and progressive digital business like Atom bank was too good an opportunity to pass up.

“I’m excited to be working at a company with such strong customer advocacy, supported by an impressive risk management culture and capability. I look forward to getting started and building on Atom’s already significant achievements.”

Atom chief executive officer Mark Mullen says: “We’re delighted to welcome Gareth to Atom at a crucial stage of growth for the business. I’d also like to take this time to wish Chris a happy retirement, and thank him for all his hard work in making Atom what it is today.

“With extensive experience in the sector and a genuine commitment to both customers and employees, Gareth comes with excellent credentials and a proven track record in risk management, risk culture and leadership. His contributions will be vital to Atom, as we continue to grow our proposition and build sustainable profitability.”