Shawbrook's John Eastgate set to depart

Shawbrook Bank has announced that its managing director for property finance, John Eastgate (pictured above), is set to leave the company at the end of this month.

John joined the bank in April 2019 from OneSavings Bank, where he previously worked as a sales and marketing director.

Following his departure, Shawbrook Bank’s business and property customers, products and operations will now be managed in the company’s new Enterprise group, led by Neil Rudge, managing director for business finance.

Within Enterprise, Emma Cox, sales director for property finance, will hold responsibility for the bank’s customers, distribution, proposition and the overall performance of its property offering and will report to Neil.

A Shawbrook Bank spokesman said: “John has made a significant contribution to the bank, employing his experience and expertise to help bring the organisation to this point in the journey, and we wish him well for the future.

“Property remains a core and critical market for Shawbrook and we fully intend to grow our share through further innovation and by continuing to develop best in class service for our intermediaries and partners.”

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