Recognise and Newable Finance announce senior promotions

Recognise Bank and Newable Finance have announced the latest promotions across their teams.

Recognise Bank

Recognise Bank has promoted Ronelle Arbib to COO and Mo Fadaei to director of banking platforms and partnerships.

In her new role, Ronelle — who was previously the lender’s head of customer experience — will work with all parts of the bank and be responsible for coordinating activities supporting its operational policies and objectives. 

She will also lead the design and implementation of the activities of the innovation team, while continuing to head up customer experience.

Meanwhile, Mo — who previously worked as Recognise’s head of technology, change and transformation — will be responsible for overseeing the bank’s existing technology architecture, while also directing Recognise’s future product strategy and delivery. 

He will also continue to lead relationships with the bank’s key technology partners, including Mambu and nCino.

Commenting on her appointment, Ronelle said: “This is an exciting new opportunity for me and one that is crucial to the future development of Recognise Bank and its ongoing success. 

“We have already shown that our combination of personal relationship banking and cutting-edge technology is what small businesses want; now, we need to build on that to innovate new and better products and services to help SMEs grow and thrive.”

Mo added: “We have already created a fully authorised, award-winning bank in just a few years, but we are not going to rest on our laurels. 

“My job is to keep pushing the innovation agenda, ensuring our infrastructure and strategic partners support the bank’s ambitious growth plans now and in the future.”

Bryce Glover, CEO at Recognise Bank, stated: “These promotions show our commitment to our digital agenda and the importance of innovation not only to Recognise Bank, but across the entire financial services sector. 

“I am delighted for both Ronelle and Mo — they will be brilliant in their new roles, and this shows Recognise has created the right environment to find and grow new talent in a highly competitive market.”

Newable Finance

Newable Finance, the specialist brokerage and finance advisory arm of Newable, has promoted Laurence Mills to senior finance broker.

In his new role, he will provide extensive advice to portfolio landlords, while sourcing funding for complex requirements. 

He will also be working on large business development projects, supporting the firm’s growth strategy.

Laurence joined Newable Finance in March 2021 as a finance broker — during his time at the firm, he raised approximately £17m of debt across bridging finance, commercial mortgages, specialist BTL and business loans.

Commenting on his promotion, Laurence said: “I have thoroughly enjoyed my first 13 months at Newable Finance. 

“Despite coming from a predominantly bridging background, I’m proud to have built and maintained relationships with clients, introducers and lenders offering a range of different products. 

“There is a great support system within Newable, and I’ve relished the chance to work alongside and learn from such an experienced team. 

“I am now looking forward to what the next year brings, and helping even more property professionals with funding.”

Brian Love, head of regional broking at Newable Finance, added: “Since joining us, Laurence has proven himself to be an invaluable member of our team.  

“His drive to provide best-in-class service, while sourcing financial solutions for our clients is key to the ethos of Newable Finance. 

“We are excited to watch Laurence continue to grow as he works on more complex financing enquiries.”

Leave a comment