OakNorth has appointed Gergely Zaborszky as its new chief financial officer, subject to regulatory approval.

He will take up the role in July 2026, succeeding Rajesh Gupta, who is set to retire this year after more than five years with the digital bank.

Zaborszky joins OakNorth’s board and executive leadership team from Virgin Money UK, where he has spent the past six years. He was appointed chief financial officer during a period of transformation and growth, including the lender’s acquisition by Nationwide Building Society in 2024, and previously served as head of portfolio management and FP&A, focusing on capital optimisation, balance sheet efficiency and forecasting discipline.

Before joining Virgin Money, Zaborszky held several international finance leadership roles during a decade at General Electric, including CFO positions across GE HealthCare and GE Capital, overseeing imaging, leveraged finance, working-capital solutions and strategic-ventures businesses.

“Gergely’s extensive background in both banking and global corporates gives him a distinctive perspective on managing complex financial operations and scaling performance across international markets,” said Rishi Khosla, co-founder and chief executive of OakNorth. “His appointment marks an important step in OakNorth’s next stage of growth as we continue to expand both in the UK and US. On behalf of everyone at OakNorth, we are so grateful to Rajesh for his incredible contribution over the past five and a half years.”

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