In his new role, he will based in the bank’s Middlesbrough HQ and will be responsible for the bank’s financial strategy, commercial growth and profitability.

He will also be part of GB Bank’s board, alongside chairman Paul Rippon.

Mike has over 30 years of experience in financial services and banking, having held senior finance leadership roles at several companies, including Harrods Bank, Lloyds Banking Group, Citibank, Capital One and Newday.

He joins GB Bank from digital bank start-up LQID, where he worked as CEO.

•   Property investors face 'huge risk' of stranded assets if they fail to decarbonise
•   GB Bank secures UK banking licence to support regional property developers
•   GBB secures additional £28m investment from Teesside Pension Fund

“I am delighted to have the opportunity to lead GB Bank’s finance team,” said Mike. 

“The bank will have an important role within the UK’s property finance and savings market, connecting customers with experienced relationship managers who have access to tailored financing solutions that will help them realise their potential and thrive.”

Sue Hayes, CEO at GB Bank, said: “We are very pleased to welcome Mike to GB Bank.

“He is a results-oriented leader with a proven track record in banking and financial services. 

“As well as his impeccable finance credentials, Mike has considerable experience in setting and driving business strategies and driving shareholder growth. 

“These qualities will be invaluable to GB Bank as we implement our strategy to build a bank offering greater access to finance and benefits for property development businesses across the North of England.”

This follows the appointment of Neil Williams as chief lending officer last week.

In October, GB Bank received its authorisation with restrictions (AWR) UK banking licence from the FCA and PRA.