street lender Bank Metro appointed James Hopkinson as Chief Financial Officer (CFO) and Executive Director.
He will take up the position on September 5, subject to regulatory approval.
Daniel Frumkin, CEO of Metro Bank, said: “James has a wealth of experience in retail banking with a proven track record of growing businesses and managing finance teams. He shares our vision for Metro Bank to become the UK’s best community bank and will be a valuable addition to the board and executive committee.”
Hopkinson moves from ClearBank, where he has been CFO since 2019 and a board member since 2020.
He previously spent nearly 20 years at Standard Chartered, where he held various positions including Regional and Client CFO, Global Retail Banking CFO and Global Head of Investor Relations. Hopkinson is a Chartered Accountant and began his career at PricewaterhouseCoopers (PwC).
He said: “Metro Bank is an outstanding consumer champion in retail banking. The progress made on the turnaround plan to date has been impressive and I look forward to helping to take the Bank into its next phase of growth and to sustainable profitability.”
At the end of last year, Metro Bank has been fined £5.38m by the Bank of England. He misreported the value of the commercial loan portfolio, an error that sent shares tumbling when discovered and later led to the departure of CEO Craig Donaldson after a decade in charge.