Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
Recognise Bank Appoints Julian Sawyer as Non-Executive Director
Recognise Bank has appointed Julian Sawyer, former chief operating officer of Starling Bank, as a non-executive director (NED). Sawyer brings experience from previous roles, including CEO positions at Zodia Custody and Bitstamp, as well as his background in banking and fintech.
The appointment comes as Recognise Bank reports that its loan book has grown to over £500 million, and its deposits have recently exceeded £600 million. The bank has also noted growth of over 45% in the last 12 months.
For UK letting agents and inventory clerks, Recognise Bank’s continued expansion in property lending may be of interest, as the bank positions itself within the SME property lending sector. The addition of Sawyer to the board is part of the bank’s ongoing efforts to strengthen its capabilities for borrowers, savers, and brokers.
Source: Mortgage Strategy