Gatehouse Bank PLC has announced two changes to its executive committee.
Paul Stockwell has been appointed chief commercial officer, while Danesh Mahadeva has been promoted to the role of chief financial officer at Gatehouse Bank.
Paul has joined from TSB Bank and brings extensive experience of property risk, including commercial, residential and recoveries.
Prior to TSB, Paul served at Aldermore Bank, where he oversaw all property development, commercial and residential property lending risk and valuation.
Danesh was previously vice-president, head of finance at Gatehouse Bank and was responsible for managing the finance function.
He has worked closely with the board in developing the bank's strategy and financial planning.
Danesh has replaced Twalha Dhunnoo.
Charles Haresnape, CEO of Gatehouse Bank, said: “Paul's experience will benefit the bank in both its commercial and retail activities.
“The appointment of Danesh is particularly pleasing as he has progressed within the bank and therefore brings consistency to that important role.”
Paul said: “It is great to be able to contribute to Gatehouse Bank and play a significant role in its next stage of growth.”
Danesh added: “I am proud to have been promoted from within Gatehouse Bank and to play a key part in the exciting new strategy for the bank.”
Last month, Gatehouse and Columbia Threadneedle Investments launched a Shariah global equity fund.
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Revolut granted European banking licence
Revolut has announced that it has secured its European banking licence...
Starling hires head of SME banking
Starling Bank has announced the appointment of Stuart Doignie as its head of SME banking...
Local brewery secures backing from Development Bank of Wales
The Development Bank of Wales has part-funded a £134,000 capital investment project by Wild Horse Brewing Company...
Metro Bank adds international payments to mobile app
Metro Bank has enhanced its mobile app with the introduction of international payments for its personal and business customers...
How digital technology can help high street banks innovate
As society moves more and more towards a digital future, the closure of retail bank and building society branches is anticipated to accelerate...
Mortgage Industry Collective releases charity single
A group of mortgage professionals have collaborated to release a Christmas charity single to raise money for End Youth Homelessness...
City of London Group appoints first NED for Recognise
City of London Group PLC (COLG) has named Simon Wainwright (pictured above) as the first non-executive director for its subsidiary Recognise Financial Services...
BBB names network director for North and Midlands
The British Business Bank (BBB) has appointed Geoff Whiteland as its new UK network director for the North of England and the Midlands...
Wyelands Bank completes ABL deal for stainless steel supplier
Wyelands Bank has completed a seven-figure, asset-based lending deal for AD Bird Stainless Limited...
Axis Bank names new MD and CEO
Axis Bank Ltd has announced that Shri Amitabh Chaudhry will become its new CEO and managing director...
Co-operative Bank to apply for grants from RBS fund
The Co-operative Bank has announced it will apply for funding from the RBS alternative remedies package as it looks to grow its presence in the business banking market...