Chetwood Financial’s co-founder and CEO Andy Mielczarek to step down
Andy Mielczarek, co-founder and CEO of Chetwood Financial, has announced that he will be stepping down from his role after nearly a decade leading the company.
Chetwood confirms that Mielczarek will depart at the end of September, taking “some time out before deciding on his next move”.
Mielczarek adds that now is a “logical time for a change in leadership to inject fresh life into the business and guide it through the next stage of its journey”.
“What a journey it’s been. Starting a new bank was never going to be easy, and I am proud to see the progress Chetwood has made.”
The UK-based challenger bank previously announced its venture into the buy-to-let mortgage market with its acquisition of specialist lender CHL Mortgages in May.
It says it will now look to launch ModaMortgages as a specialist buy-to-let mortgage lender “in the near future”.
Former JN Bank CEO Paul Noble has been unveiled as Mielczarek’s successor.
Noble joins Julian Hynd as the latest additions to Chetwood’s C-suite, with Hynd appointed as chief operations officer in November 2023.