Atom bank co-founder joins Treasury board

A senior figure behind the rise of a North East-founded national digital lender is poised to help shape Government policy.

Ed Twiddy has been appointed to the Treasury’s board of directors.

Whitehall says the Atom bank co-founder will use his “business expertise and experience to help the Treasury run as efficiently as possible and ensure it effectively supports economic growth”.

The role marks a return to Treasury duties for Ed, who spent more than a decade at the country’s economic and finance ministry before becoming the first director of the North East Local Enterprise Partnership.

He joined Atom in 2014 as chief innovation officer, and has since helped guide the mortgage and savings provider’s growth, which was boosted earlier this year with a headquarters switch.

Ed, who is also chair of Newcastle-based investment house Northstar Ventures, is set to take up his position on September 1 and serve for an initial three-year term.

He will be joined by former John Lewis chair Sir Charlie Mayfield and Jenny Scott, whose CV includes time in senior Bank of England communications roles and as a BBC economic correspondent.

Chancellor Rachel Reeves said: “I’m really pleased to welcome Sir Charlie, Ed and Jenny to the board as we build on our partnership working with business.

“Between them, they bring a huge amount of experience and fresh thinking.

“Their insights will be invaluable as we focus on growing the economy to deliver for working people.”

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