BREAKING NEWS: Shawbrook Business Credit announces new managing director
Shawbrook Bank has announced the appointment of Tim Hawkins as managing director, Shawbrook Business Credit. Lisa Wood, chief credit officer for Business Credit, will become deputy managing director.
Stephen Johnson, deputy CEO, Shawbrook Bank, said: “I am delighted to announce Tim Hawkins’ appointment to the role of managing director, Shawbrook Business Credit. Tim played a key role in the acquisition of the business (formerly Centric Commercial Finance, of which he was co-founder) in 2014, and is well respected throughout the industry.
“Shawbrook Business Credit is proving a strong addition to Shawbrook; providing us with one of the highest regarded teams in the asset-based lending sector and complementing our suite of SME lending services. We were delighted when earlier this year it was crowned industry leader in the ‘Business Money Intermediary Index’ for the third consecutive year.
“We are very excited about the growth potential in this market and confident the business will continue to make a significant contribution to the group under Tim and Lisa’s leadership as it maintains its exceptional service-led approach.”
Tim Hawkins comments: “I am excited to be leading Shawbrook Business Credit, working with such a strong and experienced team, many of whom have worked together with me from the start of this journey. I’m proud of our achievements to date and look forward to taking the business into its next phase of growth.”
Stephen Johnson, added: “We would like to take this opportunity to thank John Onslow, not only for his significant contribution to the business over almost eight years, but also as a respected industry veteran and chairman of the Asset Based Finance Association (ABFA). John has made the decision to pursue new interests and leaves with our very best wishes for the future.“