Tandem Bank has appointed Matt Dobson as its new chief financial officer replacing current CFO Dave McCarthy.

Currently Tandem’s treasury director, Dobson has 25 years of experience in finance and treasury roles in the UK banking industry. This includes senior roles at Barclays, Bank North and Furness Building Society. He has spent the last 18 months at Tandem.

McCarthy will continue to hold hold regulatory accountability until end of December and work closely with Dobson to ensure a smooth handover. Matt is expected to formally take the role from 1st January, initially as CFO designate subject to the regulator’s approval.

Tandem Bank’s CEO  Alex Mollart  said: “I’m thrilled to announce Matt as our new CFO, especially as an internal appointment. Since joining as Director of Treasury, he’s made a significant impact on our financial strategy, including our recent securitisation. Matt’s dedicated to our mission of helping UK consumers transition to a lower-carbon lifestyle and so I know he’s going to be a success.”