Foundation Home Loans unveils new CEO

He boasts over 30 years in the sector

Foundation Home Loans unveils new CEO

Specialist lender Foundation Home Loans is set to undergo a leadership transition as Pete Ball is poised to assume the role of chief executive officer (CEO), pending regulatory approval.

The transition follows the retirement of Hans Geberbauer from the firm.

Specialist lender’s new CEO

Bringing over 30 years of experience in the financial services sector, Ball (pictured) has been at the helm of Together Personal Finance since 2016. His prior roles include serving as CEO of Harrods Bank and commercial director at Virgin Money.

The commencement of Ball’s tenure as CEO of Foundation Home Loans is scheduled for Q2 2024.

In response to the upcoming transition, Ball said: “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.”

Foundation Home Loans board

Jon Locke, the chairman of Foundation Home Loans’ board of directors, expressed gratitude on behalf of the board and shareholders for Geberbauer’s leadership and significant contributions during his two-decade tenure. Locke acknowledged the smooth leadership transition expected with Pete Ball, an executive of substantial experience and talent.

Hans Geberbauer, reflecting on his tenure, cited the opportune timing to retire. Recognizing Ball’s leadership record and specialized lending expertise, Geberbauer identified him as a fitting candidate to steer Foundation Home Loans into the future.