Bank of London announces senior hires and investment to support operational progress

London, 20 May 2026

Bank of London is pleased to announce a series of developments which represent the next phase of its progress, including the appointment of senior leaders across finance and compliance, new funding from existing investors and a major investment in its core banking platform.

Leadership

Following the recent announcement of Dr Ariel Sergio Davidoff’s appointment as Non-Executive Director of the Group Board, the Bank today confirms the appointment of John Davison as Chief Compliance Officer and Conrad O’Donnell as Chief Financial Officer. Meanwhile, Sean Titley has been promoted to Chief Risk Officer. Together, these appointments further strengthen the Bank’s senior leadership team as it continues to enhance its governance, risk management, financial controls and regulatory reporting.

John Davison has over 30 years' financial services experience in banking, as a regulator and as a regulatory and risk management consultant. John has led compliance and risk functions for global institutions including Lloyds Banking Group and RBS and has acted as a Skilled Person, advising boards on their governance, systems and controls. In his role, he will be responsible for leading the Bank's Compliance function.

Conrad O’Donnell joins the Bank on a fixed-term basis as Chief Financial Officer. Conrad brings more than 25 years of experience in financial services, with a strong track record across banking, advisory and transformation roles. Conrad has served as Finance Director at Furness Building Society and Alpha Bank London.  In his role, Conrad will lead the Bank’s financial strategy and operations, with responsibility for regulatory engagement, capital and liquidity management, and strengthening the finance function to support the next phase of growth.

Sean Titley has over 30 years’ experience in risk management across banking and payments, having held senior roles in both the first and second lines of defence, including in advisory and audit capacities. Prior to joining Bank of London, Sean served as Director of Enterprise, Operational and Model Risk at Metro Bank and operated as an independent consultant. In his role as Chief Risk Officer, he is responsible for the Bank’s approach to risk management, including risk governance, culture and appetite.

Group simplification

The Bank also confirms that Oplyse Holdings Limited, the Bank’s parent company, will change its name to TBOL Holdings UK Limited, and that Fellesskap Group & Holdings Corporation Limited, the Bank’s ultimate parent company, will change its name to TBOL Holdings Jersey Limited. These changes, together with the recent Board appointments, form part of a planned series of updates designed to simplify group governance.

New investment

The Group has also raised £37 million from existing investors, since January 2026. This additional funding will support the Bank’s growth strategy, including its core banking platform migration, continued delivery of its transformation programme and investment in operational excellence.

The funding represents investor confidence in the Bank’s strategy, leadership and long-term growth plan. It provides the capital base required to support the Bank as it works towards resuming customer onboarding in the coming months and ultimately the delivery of profitable growth.

Digital evolution

As part of its digital evolution, Bank of London will migrate to Thought Machine’s next-generation core banking platform, Vault Core. The move marks a significant step in the Bank’s technology evolution, enhancing its capabilities as it continues to build a modern and genuinely differentiated wholesale banking platform. The investment will support the Bank’s ambitions as the UK’s sixth clearing bank, unencumbered by the legacy technology constraints faced by many incumbent institutions.

Tony Bullman, CEO, Bank of London said: “This additional funding, together with the expertise we have added at board and executive level and our continued investment in technology, marks real progress in the Bank’s evolution. There is more work to do, but we are strengthening the business, improving how we operate and putting the right foundations in place for sustainable growth.”

Bank of London has undertaken a significant programme of work to strengthen its governance, risk management, financial controls and regulatory reporting. Under a renewed and experienced leadership team spearheaded by CEO Tony Bullman, the Bank is focused on achieving operational excellence, driving digital innovation and shaping the future of financial services.

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Enquiries

H/Advisors Maitland
thebankoflondon@h-advisors.global
Sam Cartwright +44 7827 254561
Katie Hughes +44 788 498 6542

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