LHV Bank has announced the appointment of financial services veteran Mike Goodenough as Director of Banking Services. With over 20 years of experience in finance and payments, Goodenough transitions to his new role after serving as a business consultant for LHV Bank since February 2024. He will spearhead strategic initiatives to accelerate the growth of the bank’s Banking Services business across the UK and Europe, enhance its product offerings, and strengthen client and partner relationships. Goodenough’s extensive background includes leadership positions at Worldline and Ingenico, where he oversaw global partnerships, commercial strategies, and the development of vertical markets within the payments industry.
LHV Bank, authorized as a credit institution by the Prudential Regulation Authority in May 2023, has experienced significant growth, reporting a $8.1 million profit after tax in its first operational year. Its Banking Services business processed a record 47.7 million payments in 2023, establishing a strong foundation for its 2024 development goals. CEO Erki Kilu praised Goodenough as a charismatic leader and payments expert who understands the bank’s strategic vision. His appointment reflects LHV Bank’s commitment to strengthening its market position and delivering innovative solutions to clients and partners in the financial services sector.