The incoming CEO of Cheadle lender Together Financial Services says the 50-year-old business is at a “pivotal moment” and ready for more growth.
Together says Richard Rowntree will join as CEO and executive director in early 2025. Founder and ultimate controlling shareholder, Henry Moser, will become executive vice chairman and will continue to guide the group’s long-term strategy.
Mr Rowntree will join from Paragon Bank, where he was managing director of the mortgages division. He has more than 30 years’ experience in the banking sector and has held senior roles at the Bank of Ireland, RBS, Santander, Lloyds TSB and Halifax.
Mr Rowntree has also served as Chair of the UK Finance Mortgages Product and Service Board, and was awarded the Freedom of the City of London in 2023 for his work in promoting socio-economic diversity in the financial services sector.
Mike McTighe, chairman of Together, said: “We are delighted to welcome Richard as the new CEO of Together. He brings extensive experience in banking and will further strengthen our executive management team. Henry, our founder, is taking on the new role of executive vice chairman and I am confident he and Richard will form a great team to take the group forward.”
Henry Moser added: “I am excited to announce Richard as my successor as CEO, as we celebrate our 50th anniversary. Together is a special business with a clear purpose and a unique culture and I look forward to working closely with Richard as we enter the next stage of our exciting growth story.”
Incoming CEO Mr Rowntree said: “I am thrilled to join Together at this pivotal moment, as the group celebrates 50 years of remarkable success. This is a business that has a market leading proposition, a clear focus on delivering positive outcomes for customers and is backed by an exceptional team of talented, experienced professionals. I am proud to have the opportunity to take Together to the next level and look forward to leading this continued success.”
Don’t miss the latest news and analysis with our regular North West newsletters – sign up here for free.
Story Saved
You can find this story in My Bookmarks.Or by navigating to the user icon in the top right.