Redwood Bank has announced six new hires to its lending team to deal with an influx of interest in its commercial mortgage products.
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
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Redefining SME banking technology
There has been significant change in the financial services sector in the past three to five years, one driven by new client expectations of customer experience, performance and speed of execution...
Unity Trust Bank reports 68 per cent profit rise
Unity Trust Bank increased its profits by 68% in 2018, having approved over £200m of lending to firms and projects...
OakNorth reveals plans for Manchester client-facing office
OakNorth’s Manchester client-facing office is expected to go live within two to three months, according to its chief operating officer Amir Nooriala (pictured above)...
SimplyBiz agrees to acquire Defaqto for £74.3m
The SimplyBiz Group has conditionally agreed to acquire the entire issued share capital of Regulus Topco Limited for a total consideration of £74.3m...
Training BDMs to the level required takes 'up to a year'
Investec Private Bank’s BDM Peter Izard (pictured above) has stated that if you don't invest in people, you won’t get the outcomes that you need...
A guide to 'Isa season'
If you’ve opened a newspaper or read the news online recently, you’ve probably come across the term ‘Isa season’ which focuses on how you should use your Isa allowance before the end of the tax year...
UTB introduces new first charge product
United Trust Bank (UTB) has launched a new first charge product aimed at customers who own their properties outright...
Price of flats down as much as 7.5% in last 12 months
The price of flats has fallen by as much as 7.5% in some parts of the UK, according to a report by Gatehouse Bank...
Is there a lack of understanding around e-money institution protection?
There’s an opportunity to improve the understanding and knowledge of financial protection offered by e-money institutions, according to Myles Stephenson, CEO at Modulr (pictured above)...
OakNorth Analytical Intelligence bolsters leadership team
Global fintech platform OakNorth Analytical Intelligence has hired Nikolai Varma and Rikard af Ekenstam to strengthen its leadership team...
Deutsche Bank and Commerzbank confirm merger talks
Deutsche Bank and Commerzbank have confirmed that they are engaging in discussions with an open outcome on a potential merger...