Ken Stannard has replaced Richard Pym as Chair of Castle Trust Bank

    Ken Stannard

    Richard Pym, Chair of Castle Trust Bank, retired on 1st April, and has been replaced by Ken Stannard who has been an Independent Non-Executive Director on our Board since July 2022.

    Martin Bischoff, CEO said "I’d like to offer a particular thank you to our outgoing Chair Richard Pym for his support and guidance over the past three years. He has played a pivotal role in our growth, particularly during our conversion to a bank in 2020, and leaves us in a strong position for the future. I’m delighted that Ken Stannard will be our new Chair; his vast experience, and extensive record of success makes him the natural choice and will help ensure we deliver our ambitious growth plans." 

    Richard Pym said:
    “When I joined Castle Trust Bank in March 2020 it was about to gain a new banking licence and over the last three years it has successfully grown into a mature and profitable bank. So after three years chairing the board I am now retiring, and with more wrinkles and less hair it is time to hand over to Ken Stannard, a very experienced banker, to continue the journey. I wish Ken, Martin and all the team at Castle Trust every success in the future.”

    Ken Stannard added:
    “I am excited to become the new Chair of Castle Trust Bank. We have a track record for risk management, delivery and innovation. Our owners are very experienced and hugely supportive, and our plans are ambitious. I am proud to be part of a bank that has such talented colleagues, and which puts the customer right at the heart of everything it does.

    “I’d like to pay tribute, and say thank you, to Richard as our outgoing Chair. He has overseen tremendous progress over the past three years, and leaves us with a strong platform on which to deliver our ambitious plans for the future.”

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