Hampshire Trust Bank has hired Matthew Wyles as chief executive.
Wyles was managing director of Castle Trust’s mortgage division until February.
He replaces former chief executive Mark Sismey-Durrant, who announced he was leaving last November.
Hampshire Trust chairman Robert Sharpe says: “Matthew is a practitioner well known in the retail and small business banking circles for achieving outstanding results.
“He is exactly the right person to provide the stewardship, entrepreneurial insights and the leadership to successfully steer the bank through the next stage of its development and growth.”
Wyles says: “I am thrilled to have the opportunity of leading the management team to build an exceptional business on the strong foundations which are already in place.”