Pateman was previously CEO of Shawbrook Bank where he led the company for almost three years during which time it achieved growth in its balance sheet and revenue.
However, the bank’s second charge lending arm was hit by the Financial Conduct Authority’s review of the sector late last year.
BoI non-exec director
Prior to his role at Shawbrook, Pateman led the UK banking businesses of Santander and was responsible for building out Santander’s business and corporate banking activities.
Before that he had a number of senior management roles at Royal Bank of Scotland across its corporate and retail banking divisions.
Pateman recently joined Bank of Ireland as a non-executive director, he is also vice president of the Chartered Banker Institute and chairs the advisory board of Arora Hotels.
Pateman said he was delighted to be joining Hodge and building on its current operation.
“As a newcomer to the business, I am looking forward to learning more and to working with the team that has taken the group this far on its journey,” he said.
As previously announced, David Austin is retiring from the group after a 28-year tenure, first as finance director and for the last 20 years as managing director.
Austin said: “The past 28 years at Hodge have been very rewarding and I’m looking forward to my retirement.
“Before that, I’ll be working closely with Steve to ensure a smooth transition in the New Year.”
Hodge chairman Adrian Piper added: “On behalf of the board I extend our thanks and appreciation to David for his outstanding commitment and leadership over almost three decades.
“We wish him well in his upcoming retirement. We’re delighted to welcome Steve to Hodge and the board is very much look forward to working with him.”