Recognise Bank has announced the appointment of Tristan Mahoney as the bank’s new chief financial officer (CFO), subject to regulatory approval.

Mahoney will join to oversee the bank’s financial operations and support the growth plans aimed at continuing to support UK SMEs and property investors.

He will succeed Recognise Bank’s outgoing CFO, Marina Gosling, who will depart the bank at the end of March.

Prior to joining Recognise Bank, Mahoney was head of finance at StreamBank and had previously spent time as an independent consultant, in addition to roles at MUFG and Morgan Stanley.

“I’m very pleased to be joining the executive committee at Recognise Bank as the CFO,” Mahoney said. “The bank is poised for an exciting future and I am looking forward to driving this forward with a great team towards profitability and growth.

“As we grow, we can offer more financial solutions to our SME property investors and continue our great offerings to retail and SME savings customers.”

Outgoing CFO, Gosling, added: “It has been a privilege to work with such a talented team and I’m proud of the strong foundations we’ve built together. I congratulate Tristan on his appointment and wish the team all the best for the future.”

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