JN Bank UK, part of the Jamaica National Bank group, has announced the appointment of Chris Waring as chief executive.

Waring has worked as acting chief executive since Paul Nobel left the role to work at Chetwood Bank in September 2024.

Waring joined JN Bank UK in 2023 as chief commercial officer. Prior to this, he developed loan provider Honeycomb Finance which was sold to Allium Money before being acquired by Tandem Bank in 2020.

Over the course of his career, Waring has also held roles at Lloyds and Barclays Bank.
In his new role Waring will oversee the bank’s growth, with his appointment following a £20 million investment from Step One Money UK Limited (SOMU).

SOMU is now the majority shareholder in the bank.

JN Bank said that the investment will enable the bank to expand its product offering and ensure that customers have a wider range of solutions to meet their needs.

Additionally, the funding will allow the bank to focus on enhancing its technological capabilities, improving customer experience, and driving future growth.

“We are entering an exciting chapter at JN Bank UK,” said Chris Waring, chief executive. “With a strong commitment to innovation and customer-centric solutions, we aim to empower our customers and create a lasting impact on their financial futures.

“We are focused on offering a comprehensive range of financial products that provide stability, trust, and importantly value and relevance to our customers.”

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