The Co-operative Bank has appointed Charles Bralver as a non-executive director.
He will take up the post today after the move was approved by the Bank's Board and by the Bank's regulators.
Bralver is a senior advisor on the global financial services sector to Silver Point and he will not be independent due to the UK Corporate Governance Code.
He was a founding partner of Oliver Wyman & Company and held several positions from 1984 through to 2007, including vice chairman, head of Europe, head of North America, and head of the Global Capital Markets Practice.
He remains a member of Oliver Wyman's Senior Advisory Board.
Bralver is currently a board director for Canaccord Genuity and Newstar Financial.