Shawbrook has hired John Eastgate as managing director of commercial mortgages, to join in the summer.
Eastgate has nearly 30 years’ experience in financial services, having held senior positions at Saffron Building Society and Experian prior to joining OneSavings Bank.
Eastgate said: “The commercial mortgages division at Shawbrook has a long track record of success and this represents a great opportunity to take an established business on the next phase of its journey.
“I’ve loved my time at OSB and value the relationships and successes I have experienced over the past six years.
“This was the right time to make a change, and I’m looking forward to what I’m sure will be a challenging yet highly rewarding next step.”
Eastgate is currently responsible for the development and positioning of all products and the management of OSB’s intermediary relationships.
He has been tasked with helping Shawbrook to grow in support of professional investors, landlords and SMEs across the UK.
Ian Cowie, chief executive, Shawbrook, said: “Securing John’s appointment is a fantastic way to kick off the year and I’m delighted that we will be welcoming him to the commercial mortgages business in June.
“His knowledge and expertise across this space will be invaluable in helping us continue our growth across the commercial property market.”