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Tuesday, November 25, 2025
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Richard Saulet appointed as MD Consumer Finance at Metro Bank

Metro Bank has appointed Richard Saulet as MD Consumer Finance subject to regulatory approval. In this role Richard will be responsible for leading and developing the bank’s unsecured lending products, including its personal loan proposition under the RateSetter brand.

Richard has been with Metro Bank for over 10 years and has held a variety of roles with the bank, most recently as Director of Strategy and Corporate Development. He has over 20 years of experience in banking and has held roles at Virgin Money, RBS and Barclays.

Richard will report into Metro Bank CEO Dan Frumkin and will sit on the Executive Committee.

“I’m really excited to continue my career at Metro Bank in my new role,” commented Richard Saulet, MD of Consumer Finance at Metro Bank. “We have an excellent team who work hard to deliver great results and innovative products for our customers. I hope to continue this throughout 2023 and beyond as Metro Bank continues its journey to becoming the UK’s best community bank.”

“Richard is a real asset for Metro Bank and I’m delighted he has agreed to lead our Consumer Finance proposition,” said Dan Frumkin, CEO at Metro Bank. “I look forward to seeing his ambitions come to life.”

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