Secure Trust Bank (STB) is pleased to announce the appointment of Rajat Mehta as Savings Director, effective 10 December 2025. Rajat reports directly to Ian Corfield, CEO of Secure Trust Bank.
Rajat brings over two decades of leadership experience in retail banking, savings strategy, digital innovation and driving growth and profitability in savings businesses. Most recently, as Head of Savings & Deposits at OakNorth Bank, he led the profitable growth of the savings book to over £6 billion. He has a demonstrated track record in commercial and pricing management, new product innovation, expanding distribution through strategic partnerships, and delivering enhanced customer satisfaction.
Ian Corfield, CEO of Secure Trust Bank, said: "I am delighted to welcome Rajat to Secure Trust Bank. Rajat brings deep expertise in building and scaling savings businesses, and we will benefit from his leadership in digital transformation and customer-centric innovation. He combines commercial acumen with a customer-first approach, and his experience in building strategic partnerships and delivering innovative solutions will be invaluable as we strengthen our savings proposition."
Commenting on his appointment, Rajat Mehta said: "I am delighted to join Secure Trust Bank and look forward to strengthening our savings proposition, driving innovation, and delivering exceptional outcomes for our customers. This is an exciting time for the industry, with opportunities for transformative change, and I am eager to work with Ian and the team to achieve our strategic objectives for 2026 and beyond."
Prior to OakNorth, Rajat held senior roles at YES BANK, where he was part of the founding team that scaled the bank from inception to India's fourth largest private sector bank. His expertise spans savings strategy, pricing & liquidity management, brand & marketing, digital acquisition, and regulatory engagement. He has also led product and marketing functions at FirstRand Bank and served as a Non-Executive Director at the World Biogas Association.