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Atom Bank appoints non-executive director
Atom has appointed senior independent non-executive director, Laurel Powers-Freeling, to its board following its launch as the latest UK challenger bank.
Formerly CEO of Marks & Spencer Money, Powers-Freeling has also held senior executive roles at Lloyds TSB, America Express and the Prudential. She spent time at the Bank of England, Bank of Ireland and C Hoare and Co Private Bank.
Atom secured its banking license in June announcing it had big intermediary mortgage plans for the market.
Anthony Thomson, chairman of Atom, welcomed the new appointment.
“It is another vote of confidence in Atom that we can attract someone of Laurel’s quality, standing and experience,” he said. “Working alongside our non-executive team of Bridget Rosewell, Patricia Jackson, John Deane and Jon Hogan I am confident that Laurel will help to steer Atom to success.”
Powers-Freeling added: “Atom is a hugely exciting prospect. The combination of a great team, innovative technology and analytics combined with the confidence of the regulators in its business model makes it a pleasure to accept Anthony’s offer to join the Board.
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“There’s a huge amount for the board and the executive of a new bank to accomplish, however, given the progress to date I am sure we will succeed in delivering a genuinely different approach to banking that customers actually like.”
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