Ex-Shawbook Steve Pateman hired as Hodge CEO
Former Shawbrook chief executive Steve Pateman (pictured) has been hired in the same role at Hodge, parent of Hodge Bank and Hodge Lifetime.
Pateman will join in early 2019 subject to regulatory approval, replacing the retiring managing director David Austin.
He was chief executive of Shawbrook Bank for three years before departing midway through this year.
Pateman said: “I am delighted to be joining Hodge as it seeks to build on the strong foundations it has already laid in its retail and commercial banking and life assurance businesses.
“It has a unique ownership structure and ethos that is hugely attractive in terms of creating a sustainable business that then seeks to support those in the communities in which it operates.
“As a newcomer to the business, I am looking forward to learning more and to working with the team that has taken the group this far on its journey”.
David Austin is retiring from the group after 28 years at Hodge, firstly as finance director and then managing director for 20 years.
Austin said: “The past 28 years at Hodge have been very rewarding and I’m looking forward to my retirement.
“Before that, I’ll be working closely with Steve to ensure a smooth transition in the New Year.”
Pateman is non-executive director of the Bank of Ireland, vice president of the Chartered Banker Institute and a member of council, while he also chairs the Advisory Board of Arora Hotels.
Before joining Shawbrook he was responsible for building out Santander’s business and corporate banking activities. Before that he had a number of senior management roles at Royal Bank of Scotland across its corporate and retail banking divisions.
Adrian Piper, chairman of Hodge, said “On behalf of the Board I extend our thanks and appreciation to David for his outstanding commitment and leadership over almost three decades. We wish him well in his upcoming retirement.
“We’re delighted to welcome Steve to Hodge and the Board is very much look forward to working with him.”