Wyelands Bank has appointed Neil Sawbridge as chief financial officer and Sarah Burkill as a director supporting origination, strategic and product development.
Founded in 1981, the British Bank is set-up to help small and medium sized firms.
Wyelands Bank CEO Iain Hunter, said, “As a bank, we get to know the businesses we support in person, giving them direct and swift access to decision makers and helping them to trade, grow and create jobs. Neil and Sarah’s appointments are a very real demonstration of that commitment, complementing and strengthening our team.”
Neil Sawbridge will focus on ensuring services are scalable while increasing the bank’s asset base to help customers grow. “Wyelands Bank plans to accelerate the growth of the bank’s balance sheet this year as part of its commitment to supporting job creation and the UK economy. I look forward to working with my colleagues to help achieve this,” Sawbridge said.
Likewise, Director of strategic and product development Sarah Burkill is said to focus on the development of new products and channels to help provide greater access to working capital for industrial, trading and manufacturing businesses. “We will support more growing businesses by ensuring we focus on what our customers need. I’m looking forward to supporting the team to help drive growth,” she added.
The Bank has grown rapidly with total assets rising from £24 million to in excess of £600 million. In addition, the Bank’s interest earning asset book is growing on average by £30 million per month since April 2017.