Together promotes from within to appoint new Chief Financial Officer

Cheadle-based lender Together has promoted Chris Adams to the role of Chief Financial Officer, joining the Group’s Board of Directors with immediate effect.

The internal promotion demonstrates Together’s commitment to developing talent from within the business and sees Chris’ remit and responsibilities widen from his former role of Group Finance Director which he assumed in 2021.

Initially joining Together as Head of Financial Reporting in 2017, Adams’ seven-year career with the ambitiously growing specialist lender has seen him promoted through the ranks to Group Financial Controller ahead of becoming Director of the division.

Prior to Together Chris held positions at the Co-op Bank and Deloitte where he qualified as a chartered accountant and gained experience in financial services audit, M&A and securitisations in both the UK and Australia.

Commenting on the promotion, Mike McTighe, Chairman of Together said:

“We are delighted to announce the promotion of Chris to Chief Financial Officer, recognising his valuable contribution and commitment to Together’s ongoing success.”

Executive Vice Chairman and Founder of Together, Henry Moser added:

“Chris’ promotion to CFO is testament to the value he has added during his time with Together. I look forward to working with him in his new role.”

Chris Adams, Together Chief Financial Officer said:

“Together has a special culture that provides opportunities to both customers and colleagues to realise their ambitions.  I am really excited to be taking on this new role at Together and look forward to contributing to the next stage of the Group’s growth journey.”

The senior role promotion comes following mid-September Annual Results detailing profits before tax of £200.9 million. The results for the year to June 30^th 2024 saw the loan book grow by 14.9% in the period, to £7.4 billion while increasing its average monthly lending grew by 7.1% to £249.6 million compared to the previous year.

The company successfully raised or refinanced more than £3.2 billion of funding during the year, including a £450 million bond, five public securitisations and the group’s first development finance securitisation to support SME house builders across the UK.

Additionally, Adams’ promotion follows the recent appointment of Richard Rowntree as CEO who will join the business in early 2025.