• Shawbrook Bank’s Business Finance Division recruits Chris Richold to lead its Specialist Asset and Sector Finance teams.

With over 20 years’ experience in the asset finance industry, Chris Richold joins Shawbrook following a 6 year period at a large financial institution where he led the Wholesale and Specialist Asset Finance team. Prior to this Chris was responsible for a ‘real asset’ investment business within a global banking division and he has extensive experience in the asset finance industry covering new business origination, asset management and portfolio management.

Chris will now lead the Specialist Asset & Sector Finance business at Shawbrook, working with established teams in specialist markets including; Marine and Aviation, Healthcare, Agriculture, Renewable Energy and Technology.

Neil Rudge, Managing Director for Business Finance at Shawbrook Bank says, “I am delighted that Chris has joined the team. We have well-established and very experienced specialist finance teams here at Shawbrook and we are seeing the potential for further growth and development in a number of markets right now. Chris will help us to leverage our expertise and market presence in these sectors and to evolve our proposition to ensure more businesses get the specialist lending support they need.”

Chris Richold, Managing Director for Specialist Asset and Sectors at Shawbrook Bank says, “Having worked for large corporate banks for many years now, I was attracted to the dynamic environment and agility of Shawbrook. I am looking forward to working with each specialist team as we focus on the challenges and complexities of each sector and strive to meet the evolving needs of such a diverse group of customers.”

…ends…

For further information contact:

Stuart.Kerr@shawbrook.co.uk; 07554 554931

About Shawbrook

Shawbrook is a specialist UK savings and lending bank founded in 2011 to serve the needs of SMEs and individuals in the UK with a range of lending and saving products.