Momenta Finance has appointed Tim Boag as chief executive officer (CEO), effective from 1st September 2025, as it looks to scale up its small and medium sized enterprise (SME) lending platform across the UK.
Boag has over 35 years’ experience in financial services, having worked at a range of major UK banks and specialist lenders.
Most recently, he was group managing director of business finance at Aldermore Bank, leading the commercial lending portfolio and focusing on growth and credit performance.
Earlier in his career, Boag held senior roles at Royal Bank of Scotland and NatWest, including managing director, corporate and commercial coverage for London and the South East, and managing director, structured finance, UK.
Boag said: “I am excited to join Momenta Finance at this key point in its evolution.
“I look forward to contributing to its ambition to become the UK’s leading non-bank SME specialist lending platform.”
Jonathan Stern, chief financial officer at Momenta Finance, said: “We are delighted to welcome Tim as CEO at this pivotal moment in our growth journey.
“Tim’s appointment reflects our commitment to ambitious expansion, continuous innovation, and our mission to empower UK SMEs with the capital they need to thrive.”
