Tandem Bank bolsters board with chair and NED appointments

Tandem Bank has announced changes to its board as it prepares for its next phase of growth.

Stephen Jones has been appointed chair, succeeding Paul Pester who steps down after three years in the role.

Stephen is currently executive chair of investment banking at Panmure Liberum and brings decades of leadership experience across the UK banking sector, including senior roles at Santander and Barclays. 

He also served as the inaugural chief executive of UK Finance.

Stephen said: “Tandem has built a robust, profitable business with a clear purpose and an exciting future.

“I’m delighted to be joining as chair and look forward to working with Neil, the board and the wider organisation as Tandem embarks on its next chapter.”

Paul oversaw the successful integration of Tandem and Oplo during his tenure, alongside strengthening the bank’s leadership team, including the appointment of chief executive Neil Chandler in 2025.

Clive Kornitzer has also joined the board as an independent non-executive director, replacing Matthew Donaldson who steps down after nearly four years.

Clive brings more than 30 years of commercial experience, including over 20 years at board level. 

He has held senior roles at Santander and One Savings Bank and most recently served as group chief operating officer at OSB Group.

The appointments follow a series of recent leadership changes at the bank, including the arrival of chief executive Neil Chandler in June 2025, Ryan Heaps’ promotion to chief financial officer in November and the appointment of Russell Strevens as chief technology officer in December.

Neil added: “I’m delighted we’re announcing a strong series of appointments to Tandem’s board, underlining the exciting future that lies ahead for the business. 

“Stephen and Clive add significant depth to an already strong board. 

“Their insight, perspective and judgement from the top of the industry will be invaluable, and I’m thrilled to welcome them both to Tandem.

“I’d like to give a special thanks to both Paul and Matthew for their contributions to Tandem. 

“They step down at a positive point for the business and we’re grateful for their insight during their time on the board.

“With a talented leadership team and an experienced board driving strategy at the helm, Tandem is set to accelerate into its next chapter of growth in 2026.”

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