Chetwood Bank names Mark Foulsham as non-executive director

Chetwood Bank has appointed Mark Foulsham to its Board as a non-executive director, strengthening its leadership as it marks a period of rapid growth.

Foulsham brings over three decades of experience in IT, operations, and procurement across a range of regulated sectors. Originally trained as a civil engineer, he transitioned into senior executive roles where he led large-scale digital and capital investment initiatives at South East Water, SAUR UK, and Macquarie Bank.

His career includes positions such as group chief information officer at esure and GoCompare, director of delivery services and board member at CIO Connect, chief digital officer at Scope, and chief operating officer at Kensington Mortgages. Across these roles, he gained substantial expertise as an FCA SMF24 function holder.

In addition to his executive background, Foulsham has worked as a consultant and adviser for financial services and regulated organisations, including Zempler Bank (formerly Cashplus), Mansfield Building Society, Prudential, SEGRO, the Civil Aviation Authority, and Camelot.

He has also served in non-executive and advisory roles at Cobweb, Leeds Credit Union, Franklin Music, CIONET, and Partners in Change Consulting.

“It’s a great opportunity to join Chetwood Bank at such an exciting time in its journey,” said Mark Foulsham, non-executive director. “I’ve often joined organisations at a relatively early stage in their growth, and the prospect of helping to shape their direction is truly energising.

“The experience I’ve gained throughout my career has given me a great grounding in supporting and managing problem-solving in an orchestrated and harmonious way.

“The company’s recent milestone demonstrates the astute planning by the talented members of its senior leadership team and Board. I’m looking forward to playing my part in adding customer-focused value to our proposition and helping Chetwood Bank build new foundations for its future.”

Foulsham’s appointment follows a series of developments at the digital challenger bank. Just days earlier, Chetwood revealed that its balance sheet had surpassed £5 billion for the first time. The bank also confirmed the opening of a new office in Manchester city centre, adding to its presence in Wrexham, London, and Fleet. Another non-executive director, Rob Pomphrett, was also recently appointed.

Founded in 2016, Chetwood Bank operates under a digital-first model and delivers savings and mortgage products through its brands ModaMortgages and CHL Mortgages.

“We’re thrilled to welcome Mark to the Board as a non-executive director,” said Paul Noble, CEO of Chetwood Bank. “His experience and strong multi-faceted track record will add real depth to our governance as we enter our next phase of growth.”