App-only bank Tandem's CEO is stepping down and founder Ricky Knox is taking over

Ricky Knox, Tandem.TandemRicky Knox, Tandem.

LONDON — The CEO of app-only bank Tandem is retiring, with the company’s founder taking over the roll.

A filing with Companies House earlier this week shows that Peter Herbert, a veteran of GE Capital, is stepping down as a director. He joined Tandem in April 2015. Tandem confirmed Herbert’s departure to Business Insider over the phone, saying Herbert is retiring.

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