Unity Trust Bank has appointed Nikki Fenton (pictured above) as its chief financial officer.
The Birmingham-based commercial bank has promoted Nikki from her previous role as Unity’s financial controller.
Nikki has over 20 years of experience in financial services and has previously served at KPMG, InterContinental Hotels Group and Coventry Building Society.
She joined Unity in 2015 as treasurer and was tasked with building the treasury function of the newly independent bank.
Margaret Willis, CEO of Unity Trust Bank, said she was delighted to welcome Nikki to the executive team.
“At Unity, we are committed to developing our people and in support of this we made a material investment in the ‘Unity Way’, a role-based competency framework that enables staff to charter their own personal learning and development journeys.
“It is, therefore, particularly pleasing that Nikki’s appointment follows an extensive external search, and I am delighted that we have been able to appoint a highly competent internal candidate to this role.”
Nikki added: “I love the history and the wider purpose of Unity and am proud of how we have transformed the bank since 2015.
“As CFO, I’m looking forward to driving our double-bottom line strategy: remaining a strong financial institution, while delivering social impact to our communities and supporting our staff, customers and shareholders.”
Nikki’s previous role will be filled by Kiran Samra, who is currently a financial reporting manager at the Co-operative Bank in Manchester.
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Development Bank of Wales provides £500,000 to IT repairs business
Comtek Network Systems UK Limited has secured £500,000 of investment from the Development Bank of Wales
Wesleyan Bank names new director
Wesleyan Bank has strengthened its management team with the appointment of Simon Welling (pictured above) as its director of sales and marketing.
Cash Isa savers missing out on transfer market
Half of cash Isa savers aged 55-plus (50%) have never moved their accounts to another provider, according to a new study.
CivilisedBank secures further funding
CivilisedBank is set to receive further funding from current investor Warwick Capital Partners, subject to regulatory approval.
A round-up of the latest specialist banking products
With the continuing expansion of the specialist banking market, this year promises to bring a host of new products and services to the sector.
Hanley Economic BS rebrands
Hanley Economic Building Society has rebranded as it launches its first ever TV advertising campaign.
Lydia raises a further €13m
Lydia has announced that it has raised a further €13m, taking the total amount raised by the French fintech start-up to over €23m.
Fintech as a force for good
The big news around fintech focuses on the many ways it is already making financial services more profitable, more scalable, more secure and more user-friendly.
FIBA commits to 30 events
The Financial Intermediary & Broker Association (FIBA) has announced 30 regional meetings for its members and intermediaries interested in joining the Association.
20% of brands to abandon their mobile apps by 2019
A fifth of brands will abandon their mobile apps by 2019 due to a lack of adoption and customer engagement, according to a study by research and advisory company Gartner.