Shawbrook Bank appoints savings chief

Published on

Shawbrook Bank

Shawbrook Bank has appointed James Blower as its new director of savings.

He joins Shawbrook from Clydesdale Bank International, the specialist savings bank, where he was managing director. For three years before joining Clydesdale, Blower was head of small and medium business for Barclays Wealth.

He has also held various roles within Barclays Corporate Banking, Risk and Barclays Stockbrokers.

Blower will develop and grow Shawbrook’s savings offer for individuals and small businesses, which currently includes a range of fixed term and variable-rate notice accounts. Deposits from Shawbrook savers are used to fund UK-based SME and individual customers with commercial mortgages, asset finance, secured loans and consumer finance for home improvement companies.

Ian Henderson, CEO of Shawbrook Bank, said: “Shawbrook is growing from strength to strength as we embark on an exciting period of expansion. James is a significant addition to a very experienced senior team, and his arrival at Shawbrook will allow us to further strengthen Shawbrook’s position in the savings market, which has been strong since our launch in 2011.”

Blower added: “Shawbrook is an impressive bank with substantial savings market expertise and I look forward to developing its current offering. It’s a market I know well from my time at Clydesdale Bank and it’s an exciting time for me to now be working for an entrepreneurial bank undergoing such rapid growth.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Virgin Money raises selected mortgage rates by up to 75bps

Virgin Money is increasing selected purchase, remortgage, buy-to-let and product transfer rates from Thursday...

Property sector must embrace long-term reform to withstand global shocks, says OPDA

The Open Property Data Association (OPDA) has called on the government to adopt a...

Rent rises hold steady as UK house price growth slows

Private rents across the UK rose at the same annual rate in February, while...

Movera reports rise in completions as expansion gathers pace

Home moving group Movera has reported a sharp increase in activity across its conveyancing...

NatWest begins digital mortgage completions with PEXA rollout

NatWest is now actively transacting on PEXA’s digital property platform, marking a key step...

Latest publication

Other news

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with...

Virgin Money raises selected mortgage rates by up to 75bps

Virgin Money is increasing selected purchase, remortgage, buy-to-let and product transfer rates from Thursday...

Property sector must embrace long-term reform to withstand global shocks, says OPDA

The Open Property Data Association (OPDA) has called on the government to adopt a...