Gatehouse Bank hires new Chief Operating Officer

Gatehouse Bank has announced the appointment of Tracey Bailey as its new Chief Operating Officer (COO).

Bailey, who has more than 20 years’ experience in operational leadership roles, joins the bank from Cheadle-based specialist lender Together where she was Director of Lending and Change.

Tracey worked at Together for 22 years, starting as its Head of Regulated Underwriting in 1999 before later becoming its Head of Operational Transformation. Responsible for simplifying processes for both customers and brokers, she also developed a keen awareness of the regulatory environment and how it can affect the drive for efficiencies.

She has worked in finance throughout her career, having started out at Nationwide, before moving into specialist lending with HFC Bank as an assistant branch manager, heading up the secured lending division at Advantage Mortgage Solutions and then Together.

Gatehouse Bank CEO Charles Haresnape Charles said: “Tracey has considerable experience in key operational leadership roles where she has driven transformation and strategy, so she will be a great asset.”

“We’ve been developing new ways to enhance our products and expand our offering, so it is an ideal time for her to join us, her experience will be invaluable as we look at additional ways to grow the business.”