Redwood Bank promotes Rhia Botha to chief treasury officer
Redwood Bank has appointed Rhia Botha as chief treasury officer and a member of its executive committee, reflecting her significant contribution to the Bank’s growth and strong resilience.
Rhia, former director of treasury and ALM, has played a pivotal role in building Redwood’s treasury function from the ground up, establishing infrastructure, policies and leading a number of complex and strategically important initiatives, including securing access to the Bank of England’s Sterling Monetary Framework and supporting key capital-raising activity.
Her appointment recognises her valuable technical expertise and broader impact across the organisation.
Rhia, who was shortlisted as Woman of the Year at the Women and Diversity in Credit Awards 2025, said: “I’m incredibly proud to take on this role and excited to continue supporting the Bank’s growth, while ensuring we remain resilient, forward-looking and focused on delivering for our customers.”
Rhia’s appointment also further increases the bank’s representation of women in senior management. Redwood is a signatory of the Women in Finance Charter, marking its commitment to diversity and as at end August 2025 had 39.4% of women in senior management roles.
Rhia, a mum to two young girls, has been with Redwood since 2017 when she joined as a financial accountant. She was subsequently promoted in 2019 to head of treasury and ALM before becoming a divisional director in 2023.
Beyond Redwood, Rhia is an executive director for St Albans Community Bank, and also volunteers as a mentor for the Hertfordshire Community Foundation Building Effectiveness Programme.
Gary Wilkinson, CEO and co-founder of Redwood Bank, said: “Rhia has made an exceptional contribution to Redwood’s journey. She combines deep technical expertise with strong leadership and a clear sense of purpose. Her appointment to Chief Treasury Officer and to the Executive Committee is richly deserved and reflects the strong impact she continues to have across the bank.”
Sergio Cruz, chief financial officer at Redwood Bank, said: “Rhia has been instrumental in strengthening our financial position and building a Treasury function that underpins our growth. She brings clarity, resilience and strategic thinking to everything she does.”