Ashman Bank appoints Chief Information Officer and Chief Technology Officer

6th January 2023
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New entrant bank, Ashman has announced that it has appointed Ben Hynes as Chief Information Officer (CIO) and Mark Holloway as Chief Technology Officer (CTO), expanding its senior team.

In his new role as CIO, Hynes will lead the management of the bank’s IT Infrastructure, systems and operations, and will drive Ashman’s ambitious IT and business transformation strategy. Hynes joined Ashman in 2019 as Programme Director and Head of Transformation. He was responsible for leading the delivery of the bank’s successful application for a UK Banking Licence, which resulted in Authorisation with Restriction (or ‘AWR’) in June this year.

Hynes has 25 years’ experience in project and programme management, having worked with leading financial services and IT services companies. He has most recently held roles as  Transformation Director for Vive/GKBK and Programme Director at Aldermore Bank.

As Chief Technology Officer (CTO), Holloway will lead Ashman’s technology strategy and the engineering and Information Security functions. This bank’s technology will support the delivery of a best-in-class customer experience and improved revenue and sales opportunities. Holloway will be integral in bridging Ashman’s technical vision with its business goals, supporting the bank’s growth plans.

Holloway brings over 20 years’ experience in delivering IT transformation across a broad range of industry sectors, including banking and financial services. He joined Ashman in 2018 as Head of Technology, leading on the bank’s IT strategy and technology platform build. As a founding member, Holloway played a pivotal role in achieving Ashman’s provisional UK Banking Licence.

Before joining Ashman, Holloway was Regulatory Technology Consultant and Project Delivery Lead for LiquidMetrix, with prior senior leadership roles at Maple Securities and Intelligent Financial Systems.

This expansion of Ashman’s Senior Management team follows a recent funding round that took the bank’s total funding to date to over £17.5 million. Ashman is moving towards launch as quickly as possible, subject to a regulatory timeline and approval, when it will roll out its proposition – simple, transparent access to lending for conscientious SMEs (small and medium sized enterprises) in commercial real estate.

Simon Healy, COO of Ashman Bank said “Ben and Mark have made a huge impact at Ashman already. In their new roles, they will be instrumental in delivering Ashman’s vision of transforming the banking experience for property entrepreneurs.”

“Ashman is powered by a passionate bunch of clever, seasoned experts like Mark and Ben, who boast a wealth of financial services and IT experience. Our senior management team has been assembled to ensure we are armed with the knowledge and insight to drive positive change and create a greener future for all, through finance. These promotions take us one step closer to accomplishing our goals.”