Shawbrook Bank CEO resigns

Shawbrook Bank CEO resigns




Shawbrook Bank has announced that its CEO, Ian Henderson, has resigned from his position.

Shawbrook Bank has announced that its CEO, Ian Henderson, has resigned from his position at the Bank.

Ian has been succeeded by Richard Pyman, previously Managing Director of Shawbrook Asset Finance. Shawbrook remains focused on building a sustainable future for the industry, and looks forward to improving its offering throughout 2014 and beyond.

Sir George Mathewson, Chairman of Shawbrook Bank, said: “Richard’s appointment as Shawbrook’s new CEO was the natural choice following Ian Henderson’s resignation. Richard possesses the essential experience of building a sustainable business based on customer satisfaction and has played a leading role in Shawbrook’s continued evolution.  His appointment and leadership will allow us to move forward on our development strategy to position Shawbrook for the next phase of growth.  

“Over the past two years the bank has continued to grow its share of the savings and lending markets, including the acquisition of Singers Asset Finance in March 2012 where Richard had been Managing Director since 2005. As we approach our third anniversary we remain committed to lending to SMEs and individuals based on sensible decision making, as well as offering competitive savings products and an excellent customer service, providing a real and viable alternative to the high street banks. We wish Ian the very best for the future and thank him for the contribution he has made during his time at Shawbrook.”

Richard Pyman has led Shawbrook Asset Finance (formerly Singers Asset Finance) (“SAF”) since 2005. The business was acquired by Shawbrook Bank in 2012 and renamed Shawbrook Asset Finance.

Richard previously held positions on the banking side of Singer & Friedlander between 1991 and 2004 before taking on the leadership of SAF in 2005. Richard is also a non-Executive Director of Arkle Finance and Weatherbys Bank.

Richard said: “We are all appreciative of the contribution made by Ian. Since joining Shawbrook in March 2012 I have been excited by the growth and potential that Shawbrook has to offer. It is a dynamic environment with strong and dedicated staff and management. I look forward to leading the bank through its next phase of development and beyond.”

Leave a comment