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New CEO at HTB



The Board of Hampshire Trust Bank plc is pleased to announce the appointment of Matthew Wyles as the Bank's new Chief Executive Officer subject to regulatory approval. Matthew will join Hampshire Trust Bank (“HTB”) with immediate effect as CEO (Designate).

This follows the announcement late last year that Mark Sismey-Durrant, who has been CEO since 2012, had decided to retire once his successor was in place.

Prior to joining HTB, Matthew was a director of Castle Trust Capital plc and prior to that served for five years as an executive director of Nationwide Building Society. He has broad and highly relevant experience in the markets within which Hampshire Trust Bank operates.

Robert Sharpe, Chairman of HTB, said, "I am truly delighted the HTB Board has secured the services of Matthew Wyles as the Bank's next CEO following Mark's decision to retire. Matthew is a practitioner well known in the retail and small business banking circles for achieving outstanding results. He is exactly the right person to provide the stewardship, entrepreneurial insights and the leadership to successfully steer the Bank through the next stage of its development and growth.”

Matthew Wyles said, "Specialist banks are already fulfilling a key role in broadening choice for personal and business customers. They also play an important and growing part in making the UK economy more productive and efficient. HTB has already made significant progress since its acquisition by Alchemy in establishing its position as an emerging challenger - it has tremendous development potential.”

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