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.
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