Lender recruits ex-Shawbrook director for bank launch

Lender recruits ex-Shawbrook director for bank launch




Masthaven has hired an ex-Shawbrook Bank savings director who led the firm's deposits from £900m to over £2.1bn in 17 months..

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p>Masthaven has hired an ex-Shawbrook Bank savings director who led the firm's deposits from £900m to over £2.1bn in 17 months.

James Blower has been revealed as Masthaven’s new Head of Savings, and as well as his time at Shawbrook he also set up Clydesdale Bank International which operated as a specialist offshore savings bank for National Australia Bank.

Before joining Masthaven, James was responsible for setting up Harrods Bank’s savings business.

Jon Hall, who will lead Masthaven Bank as Managing Director, said he was delighted to welcome James who has a record for providing attractive and valued savings products and services.

“In James Blower, we have a proven expert with an enviable track record in understanding and delivering what customers want from their savings,” said Jon.

“As Head of Savings, James will be key to delivering Masthaven Bank’s flexible approach which will enable savers to make financial choices which better suit their goals and easily access a range of competitive online fixed-interest savings products.”

James added: “Savers have been ignored for far too long and I look forward to providing the products and service to offer

"Masthaven Bank customers a really attractive alternative to the ‘one size fits all’ mentality of the big banks.”

Masthaven recently said that the planned bank has already attracted the investment required to meet UK regulatory capital rules and is set to launch in the summer of 2016.

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