Gb Bank

GB Bank hires COO

GB Bank has appointed David Young (pictured above) as chief operating officer.


In his new role, David will lead the bank’s operational function to ensure its customer proposition is underpinned by the right people, processes, data and technology.  

David joins the company from BFC Bank, where he worked as COO.

Prior to this, he held senior roles at various banks, including Metro Bank, HBOS and Lloyds.

Commenting on his appointment, David said: “I am delighted to be joining GB Bank at such an exciting time. 

“Its ambition to bring much-needed financial support to property developers in underserved regions and make a positive and lasting change in the communities it serves were key factors in my decision to join the team. 

“I am looking forward to using my experience to help shape the future of GB Bank and our customers.”   

Stephen Lancaster, Interim CEO at GB Bank, added: “David joins GB Bank at a pivotal moment as we build on the success of securing our banking licence and becoming the ‘go to bank’ for property developers. 

“His strong track record of success in the customer and employee experience realm is impressive. 

“As our new COO, I'm confident his support and leadership will be extremely valuable as we continue to scale up, helping to define our operations and technology platforms.”

In October 2021, GB Bank received its authorisation with restrictions (AWR) UK banking licence from the FCA and PRA.

The bank is expecting to fully launch during 2022.

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