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Shawbrook appoints Deepak Parekh as senior director of Midlands regional business team

Andreea Dulgheru | 11:09 Friday 13th December 2019

Shawbrook has recruited Deepak Parekh as senior director of its Midlands regional business centre team.

Deepak joins from Springboard Corporate Finance, where he led the debt advisory business, and brings experience in both debt advisory services and debt funding to further strengthen Shawbrook’s presence in the region.

In his new role, he will deliver leveraged finance to mid-market SMEs.

Deepak’s appointment comes as the bank continues to expand its specialist SME offering with new funding products and digital savings proposition for UK small businesses.

This follows the appointment of Steven Armstrong to the central Birmingham team earlier this year.

Mark Parsons, managing director — Midlands at Shawbrook, said: “With high-calibre people like Deepak, we’re in a great position to deliver truly specialist funding to businesses.”

Deepak added: “At Shawbrook, it feels like we have the best of both worlds: the products and flexibility you’d expect from a larger bank, with the speed and agility you’d want from a fund.”

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