Challenger Bank strengthens team with experienced head of credit & underwriting
A top banker, with more than 35 years’ experience in the industry, 30 of them in credit roles, has joined Redwood Bank.
Stuart Burke has become the Challenger Bank’s head of credit & underwriting, after moving across from Barclays Private Bank, where he was in charge of the UK Risk Sanctioning unit.
Prior to that role, he was head of credit risk management at Credit Suisse UK, where he was instrumental in setting up major regulatory projects, such as MMR and EU MCD. Stuart also had a key role in writing credit policies as chair of the Bank’s Credit Committee.
The 55-year-old has also held positions at the Union Bank of Switzerland (UBS), the Royal Bank of Canada, Coutts and Midland Bank.
Gary Wilkinson, CEO and co-founder of Redwood Bank, said: “We were very impressed with Stuart’s proven track record in delivering strong results across credit and underwriting, and in particular in respect of regulatory and strategic projects. We continue to invest strongly in our credit and risk teams as we develop and grow, and we will only employ the very best, top quality performers. “
Stuart is one of several recruitments Redwood Bank has announced in recent months. The Bank continued to employ new members of staff, despite the Covid-19 lockdown, opting to conduct interviews via virtual appointments and introducing the required technology into each new employee’s home, as required.
