He replaces Chris Sparks, who is retiring after nine years at the bank.

Gareth joins Atom bank from The Co-operative Bank, where he has worked for 26 years, most recently as Chief Risk Officer. Over the course of his career, Gareth has undertaken a broad range of roles across product, strategy, finance and risk management.

In his role, Gareth will ensure that Atom bank maintains and further enhances its excellent risk-management culture, which has been an integral part of the digital lender’s growth and success since it launched.

His pragmatic approach to handling risk responsibilities will be key to safeguarding Atom’s position as an innovative, efficient and customer-centric business, as it continues to challenge the status quo in UK banking.

Gareth Jones, Chief Risk Officer at Atom bank, said: “The opportunity to join an ambitious and progressive digital business like Atom bank was too good an opportunity to pass up.

“I’m excited to be working at a company with such strong customer advocacy, supported by an impressive risk management culture and capability. I look forward to getting started and building on Atom’s already significant achievements.”

Mark Mullen, Chief Executive Officer at Atom, said: “We’re delighted to welcome Gareth to Atom at a crucial stage of growth for the business. I’d also like to take this time to wish Chris a happy retirement, and thank him for all his hard work in making Atom what it is today.

“With extensive experience in the sector and a genuine commitment to both customers and employees, Gareth comes with excellent credentials and a proven track record in risk management, risk culture and leadership. His contributions will be vital to Atom, as we continue to grow our proposition and build sustainable profitability.”