StreamBank appoints Mike Kirsopp as Chief Executive Officer

By Bridging Loan Directory 23rd February 2024

StreamBank, one of the UK’s newest specialist property lending and savings bank, today announces the appointment of Mike Kirsopp as Chief Executive Officer, subject to regulatory approval.

Mike will succeed Jean-Pierre Flais who has held the position of Interim CEO since the end of 2023.

Mike brings over 35 years’ experience in financial services with extensive experience in start-up and property Banks having most recently served as the Board Chair of GB Bank, and previously as CEO of Cambridge & Counties where he was part of the founding team.

Mike’s knowledge and understanding of StreamBank is deep as he recently served as a Non-Executive Director since 2021.

John Reed, Chairman at StreamBank commented:

“I would like to express my appreciation to Jean-Pierre for his leadership and support in keeping the Bank running smoothly over the last few months in preparation for Mike’s appointment.

I am delighted that Mike has agreed to join StreamBank in an Executive capacity.

His knowledge and understanding of our markets are invaluable as we strengthen our market position, our brand, and our offering over the next few years.

As the business continues to develop, we want to ensure we have an experienced industry leader in place to accelerate our growth plans. In Mike I believe we have that person”.

StreamBank founder and owner Alex Pusco added:

“With Mike’s experience in our chosen markets and passion for delivering customer focused solutions, I’m confident he will be able to guide the Bank through the next stage in their growth plans from a position of continuity and deep understanding of our purpose – to serve specialist property customers, through the combination of experience, judgement and desire to find a solution.”

Mike Kirsopp, Chief Executive Officer added:

“It is tremendously exciting to return to the front line supporting our builders, developers and property specialists who are so important to our economy.

I have watched the StreamBank team create and build a great business which continues to grow strongly towards its second year of trading, and I feel very privileged to have the opportunity to join such a successful team at this point in the Banks development.”