Shawbrook appoints new CEO

Nia Williams

November 15, 2012

Ian Henderson joins Shawbrook from Barclays Wealth, where he held the position of COO. Previous roles include CEO of RBS International, and leading the RBS / NatWest retail and business banking businesses.

Commenting, Sir George Mathewson, chairman of Shawbrook Bank, said: “Ian’s appointment as Shawbrook’s new CEO marks the beginning of a very exciting growth strategy for Shawbrook.

“Since our launch in October 2011 we’ve seen high demand for our no-nonsense products and common-sense lending. In its first year Shawbrook has grown its assets from £198m to £920m and our strategy for year two focuses on rapidly growing our share of the savings and lending markets, where customers are still seriously underserved by the high street.

“Ian’s appointment gives us the full complement of talented senior executives who will lead Shawbrook on its growth strategy. Demand for an alternative to the high street banks is stronger than ever, and we are committed to offering small businesses and individuals loans based on sensible decision making, competitive savings products and an excellent customer service.”

Ian Henderson said, “Shawbrook is an ambitious new challenger bank that has made a real impact on the savings and lending markets in its first year. The demand for greater competition in the banking sector continues to increase, and Shawbrook is already providing straightforward banking to thousands of SMEs and individuals. This is a very exciting time to be joining Shawbrook, and I look forward to leading the bank into its next phase of rapid growth.”

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