Pete Ball has been appointed as the new CEO of Foundation Home Loans, subject to regulatory approval. He is set to take up the role in the second quarter of 2024, succeeding Hans Geberbauer, who will be retiring.
Ball, with over 30 years of experience in the financial services sector, has held positions including CEO of Together Personal Finance since 2016, and previous roles as CEO of Harrods Bank and commercial director at Virgin Money.
Jon Locke, chairman of Foundation Home Loans’ board of directors, expressed his appreciation for Geberbauer’s contributions. Locke said: “On behalf of the entire board and shareholders, I want to thank Hans for his leadership and his many contributions to the company over the course of two decades.
“We are pleased to have an executive as experienced and talented as Pete ready to take up the mantle and expect a smooth leadership transition.”
Ball commented on his new role: “Under Hans’ leadership, Foundation Home Loans has created a great history of listening to customers, putting them first and making the complex simple. I am honoured to have the privilege of being part of the team going forward and look forward to continuing to find and deliver solutions for our customers.”
Geberbauer also shared his thoughts on his retirement and Ball’s appointment: “After more than 20 years at Foundation, I have decided now is the right time for me to retire.
“With his excellent leadership record and deep experience of specialist lending, Pete is a great candidate to lead Foundation Home Loans into the future.”
