Tandem appoints Chief Financial Officer

Tandem Bank has announced that it has appointed Matt Dobson as its new Chief Financial Officer (CFO), subject to regulatory approval.

Dobson has played a key role in shaping the bank’s financial strategy, including leading its first Tandem Second Charge Mortgage securitisation.

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

Current CFO Dave McCarthy joined Tandem for a two-year period and has been instrumental in Tandem’s transformation, breaking into underlying profitability and helping drive sustained customer growth. McCarthy will continue to hold hold Regulatory accountability until end of December.

Alex Mollart, Tandem Bank’s CEO, 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. 

“I’d also like to thank Dave McCarthy. Joining us to help with the integration of Oplo and Allium, Dave’s been instrumental in our journey – breaking into profitability and building a sustainable and well controlled balance sheet. We wish him well on his future endeavours.”