Tandem Bank appoints former HSBC executive as Chief Growth Officer

Kunal Malani will oversee Tandem's offensive in Hong Kong and other markets.

Tandem Bank, the UK digital challenger bank, has appointed former HSBC Head of Banking Products across Middle East and North Africa as its Chief Growth Officer.

Kunal Malani has joined Tandem in the new role as the challenger bank launches in Hong Kong in the coming months.

Malani has over 20 years’ experience in product and commercial management across a number of regions, including the UK, US, India and the Middle East.

Prior to joining Tandem, Malani held roles including Regional Head of Retail Banking Products, Middle East and North Africa at HSBC ; Commercial Director at Barclays; and Head of Cross Sales at Capital One.

Malani will be tasked with driving Tandem's international expansion into Hong Kong and other potential new markets next year, along with steering Tandem's domestic growth.

Malani, who has started his new job, reports into Tandem CEO Ricky Knox.

Malani said: “I am extremely excited to be leading Tandem’s international expansion plans as well as the growth agenda we have here at home. We have hit the ground running with Hong Kong and done so at a great time as local consumers are currently massively underserved when it comes to digital banking.”

“Tandem offers a great range of solution-based products which can benefit anyone, anywhere. I look forward to utilising my skills in this new banking environment and delivering on the exciting plans we have for 2020 and beyond. ”

Knox said: “I’m delighted to welcome Kunal to Tandem. He brings a wealth of experience from over two decades working with legacy banks. I look forward to working with him as we drive our international growth plans and deliver on our ambitious domestic targets.”

“This year we have made some exceptional senior appointments and as we continue to grow I anticipate many more talented industry professionals will look to make the move to the challenger bank space”.

Tandem, which launched in the UK in 2016, bought Harrods Bank, the banking army of the famous luxury department store, in 2016.