He will join the board and be appointed chair of the risk committee of Together Personal Finance following regulatory approval.

Hooper brings over 35 years of banking, finance and risk experience.

He is chairman of the Cumberland Building Society and was previously chair of the society’s risk committee at the society.

Richard Gregory OBE, chairman of Together Personal Finance, said: “We are delighted to welcome John to the board of our Personal Finance business.

“He brings extensive banking, finance and risk experience, gained in both an executive and non-executive capacity, and will be a valuable addition to our board.”

Hooper added: “I am really excited to be joining the board of Together Personal Finance at such an exciting time and look forward to contributing to the continued growth of the business.”