The challenger bank – which launched in August 2017 – has expanded its team to 44, with the six new recruits boasting over 150 years of combined banking experience.

Lee Casey and John Hall have joined Redwood as business development managers for the South and East regions, while Lynn Kemp has become business development officer for the same region.

All three have previously worked for major banks, where Lee spent 23 years with HSBC while John and Lynn have held roles at Lloyds Bank.

“I am thrilled to join Redwood Bank – a bank that offers a real alternative for smaller businesses – and that is genuinely able to lend to them to help make their properties and cash work harder,” said Lee.

John added: “I know the region well and am looking forward to supporting local businesses with their growth plans.

“Redwood Bank's size means it can be flexible and fast, while investing time in the people behind the business, and that is really exciting for businesses.”

Redwood has also bolstered its Warrington and North West team with the appointment of Callum Finnigan and Joanna Carroll – both from RBS – as business development officers.

Paul Holmes has joined the bank's credit and underwriting team at Redwood's Letchworth head office.

“I'm delighted with our new recruits who will all play a key part in our development,” said Gary Wilkinson, CEO and co-founder of Redwood Bank.

“I firmly believe they all bring something a little different to the table and we're looking forward to welcoming them into the Redwood Bank family.

“We're hugely proud of what we've achieved in such a short period of time and I'm confident all six new staff members will be pivotal in helping our customers meet their ambitions for 2018 and beyond.”

Pictured above from left to right: Paul Holmes, Lee Casey, Lynn Kemp, Callum Finnigan