Shawbrook Bank has appointed James Blower as its new director of savings.
He joins Shawbrook from Clydesdale Bank International, the specialist savings bank, where he was managing director. For three years before joining Clydesdale, Blower was head of small and medium business for Barclays Wealth.
He has also held various roles within Barclays Corporate Banking, Risk and Barclays Stockbrokers.
Blower will develop and grow Shawbrook’s savings offer for individuals and small businesses, which currently includes a range of fixed term and variable-rate notice accounts. Deposits from Shawbrook savers are used to fund UK-based SME and individual customers with commercial mortgages, asset finance, secured loans and consumer finance for home improvement companies.
Ian Henderson, CEO of Shawbrook Bank, said: “Shawbrook is growing from strength to strength as we embark on an exciting period of expansion. James is a significant addition to a very experienced senior team, and his arrival at Shawbrook will allow us to further strengthen Shawbrook’s position in the savings market, which has been strong since our launch in 2011.”
Blower added: “Shawbrook is an impressive bank with substantial savings market expertise and I look forward to developing its current offering. It’s a market I know well from my time at Clydesdale Bank and it’s an exciting time for me to now be working for an entrepreneurial bank undergoing such rapid growth.”