Karen Bennett to leave Shawbrook

The bank said Karen was stepping down to pursue other opportunities.

Karen has been at Shawbrook for over seven years and held a number of senior management positions.

“It’s fair to say this decision was very difficult, but is one that for personal reasons is right for me,” said Karen.  

“Shawbrook has been a huge part of my life and I have only fond memories of working with a wonderful group of specialists who continue to deliver incredible things.

“I will leave this business thankful for everything I’ve learnt and all the amazing memories, but also as a true supporter who will be watching avidly the success I know this business will be.” 

Ian Cowie, interim CEO at Shawbrook, said Karen had been instrumental to the growth of its profitable commercial mortgages business.

“I would like to thank Karen for the important contribution she has made over the years and we wish her all the best for the future.

“Karen will remain in the business while we search for her successor, a process we have already begun, and we will continue to build on the strong foundations that have been laid down with a strong management team.”