Together has appointed former Harrods Bank CEO Peter Ball (pictured) as chief executive of its retail division.

Ball was made chief executive of Harrods Bank in 2014, while before that he was product & commercial director at Virgin Money and director of Partnerships at Bank of America.

He said: “Together is a unique business which has affirmed its position as a leader in the specialist finance sector over more than four decades of successful trading; providing finance to niche markets that are largely underserved by the mainstream UK lenders.

“The business has a great energy and a really positive business culture, with its colleagues and customers at its core, and I’m very excited to be joining Together at this time, as it continues to reshape what we think of as traditional financial services.”

Ball has joined Together’s senior leadership team, which in the three past three months has added Colin Kersley, ex-chief executive of M&S Bank to the retail board as a non-executive director, Ron Baxter, senior advisor at the Prudential Regulation Authority, as an independent non-executive director in its retail division and Wayne Bowser, former deputy head of commercial banking at HSBC, as a group non-executive director.

Mike McTighe, chairman of Together, said: “We are delighted to have Peter on board.

“His wealth of experience in the financial services industry perfectly complements the skills and expertise we have built up within our core retail division.

“This is another high profile hire for the business and highlights our commitment to investing in a leadership team that can help drive our ongoing development, as we seek to make Together a household name across the UK.”