Bank of London announces new CEO to drive transformation and growth
London, 20 January 2025 –
The Bank of London is pleased to announce
the appointment of Christopher Horne as Chief Executive Officer (CEO), marking an important step in its transformational journey under new ownership led by Mangrove Capital Partners. This appointment, which is subject to regulatory approval, highlights the bank’s commitment to innovation, governance, and long-term growth.
With over 25 years of leadership experience in investment banking, Christopher is renowned for steering complex transitions and delivering strategic growth. As former CEO of Credit Suisse’s UK subsidiaries, he successfully managed $2 billion in revenues while fostering robust regulatory partnerships. His leadership is set to guide The Bank of London into its next phase of growth and transformation.
Christopher Horne commented:
“I am honoured to lead The Bank of London at such a pivotal time. This is a unique opportunity to redefine what a bank can be — resilient, innovative, and aligned with the evolving needs of our clients and stakeholders. Together with the talented team at TBOL, I look forward to building a future that inspires trust and delivers lasting value.”
Catherine Brown, Chair of The Bank of London’s UK Board, said:
“Christopher’s appointment reflects our commitment to building a leadership team that embodies excellence and vision. His wealth of experience will be instrumental in driving operational excellence and positioning the bank as a leader in the financial services sector.”
This appointment is part of The Bank of London’s broader transformation, supported by £60 million in funding led from Mangrove Capital Partners. Under Christopher’s leadership, the bank will continue to focus on operational strength, innovation, and redefining the financial services landscape.
Enquiries
H/Advisors Maitland +44 207 379 5151
Neil Bennett +44 7900 000777
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About Bank of London
A Safer Model for Business Banking Bank of London operates a distinct business model. Unlike traditional banks, it does not lend, invest, or leverage deposits. Instead, all deposits are held in full at the Bank of England, ensuring they are always available on demand. This eliminates the risk of ‘bank runs,’ offering businesses a safer, more secure banking alternative.Along with its safe deposit model, Bank of London offers a comprehensive suite of services, including:Deposit-as-a-Service (DaaS) - with all client funds held with the Bank of England.
Embedded Banking – allowing clients to provide banking solutions to their customers.Clearing, Payments, and Settlement for real-time solutions for regulated institutions.
Commercial Banking - payment and cash management tailored to business needs.Innovation Powered by Proprietary TechnologyThe Bank of London’s growth is driven by its proprietary technology and portfolio of patents. In collaboration with SAP Fioneer, the bank has developed a state-of-the-art platform for real-time clearing, payments, and settlement. These innovations support key services like Deposit-as-a-Service and Embedded Banking, positioning Bank of London as a leader in financial innovation.
Bank of London is authorised by the Bank of England’s Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
