Shaun — who joins from Hitachi Capital UK — will be responsible for the development of the specialist bank’s block discounting customer offering, which includes its block bridging activities.

He will also play a key role in broadening its client base.

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Lee Rhodes, commercial director, wholesale and structured at Aldermore, said: “I am absolutely delighted to welcome Shaun to Aldermore as our new head of block discounting at an exciting time in the bank’s journey. 

“He has a wealth of knowledge, and a fantastic reputation in the block discounting market. 

“I have no doubt that his experience and expertise will enable us to broaden our client base and continue to deliver brilliance to our existing customers.”

Shaun added: “I look forward to contributing to the continuing success of the bank and using my industry experience to grow new relationships. 

“It will be great to work with such an impressive team and be part of a business that puts the needs of its customers first.”

Aldermore has also appointed Matthew McNeile as its new business development manager.

He joins from Equigroup, where he helped to develop the origination and partner capabilities in the IT and medical leasing businesses.

Lee added: “We have recently achieved a significant landmark, delivering over £1bn worth of wholesale and structured finance facilities. 

“The fresh perspectives Shaun and Matthew bring with them will help us to build upon this, helping to develop our capability further and driving the business forward.”

Matthew said: “I look forward to working in a business with a refreshing culture and bold approach to banking. 

“Aldermore has such ambitious plans and an excellent reputation in the industry for the high service levels it provides.”