Cheryl Newton will be joining as Chief Information Officer. She will be responsible for developing Metro Bank’s technology agenda to further enhance the service it provides to colleagues and customers, across all of its channels.
Newton is a technology specialist and has held global managing director and IT Board level positions implementing IT solutions for financial companies worldwide including JP Morgan, Lloyds Banking Group, HSBC, Credit Suisse and Barclays.
Also joining the leadership team will be Daniel Frumkin, who has been appointed as Chief Transformation Officer. He will take the lead in delivering the bank-wide efficiency programme to further enhance customer experience and continue to create even more FANS.
Frumkin joins after eight years at The Bank of N.T. Butterfield & Son Limited, a full service community bank based in Bermuda, most recently as their Global Chief Operating Officer and prior to that as Global Chief Risk Officer. He has previously worked at Parex Bank, Northern Rock and RBS.
Commenting on the appointments, Craig Donaldson, CEO at Metro Bank, said “Both these appointments are a significant step forward in our year of transition for Metro Bank and will help us deliver on our strategic initiatives. Cheryl and Dan bring deep experience and expertise and share our vision for creating FANS. I’m really looking forward to working with them.”