Metro Bank has announced two new hires, bolstering its commercial division.
(6 October 2016 – United Kingdom) The bank has appointed Andy Hallett as Director of Property and Hannah-Louise Smith as Director of Cash Management and Deposits. Both will report directly to Mark Stokes, Managing Director of Commercial Banking.
Hallett will be responsible for leading the bank’s commercial property business and Smith will oversee growing Metro Bank’s operational cash deposits and net interest income.
Smith was formerly UK Head of Liquidity Solutions for SME Banking at Lloyds Banking Group and has experience across SME and mid-market growth.
Joining the leading challenger bank from NatWest, Hallett was previously Managing Director – Real Estate Finance – responsible for running the national SME business and has over 15 years’ experience in real estate finance, spanning commercial, corporate, institutional and global banking markets.
Mark Stokes, Managing Director of Commercial Banking at Metro Bank, said: “Our commercial offering is going from strength-to-strength and both Andy and Hannah-Louise’s appointments will bring valuable experience to the growing commercial team. Their specialist expertise, coupled with their enthusiasm and passion for delivering superior customer service, will complement our team hugely as we continue to provide customers with an unparalleled banking experience.
Hallet said: “I am delighted to be joining such a progressive and customer-focussed organisation, and playing my part in revolutionising British banking.”
Smith added: “I’ve admired the pace at which the bank has grown over the past six years, their commitment to superior levels of customer service and their innovative approach to revolutionising UK banking. I look forward to joining the team as we develop the bank’s commercial offering.”
The bank had previously announced a 110 percent year-on-year increase in lending to £4.6 billion, with loans to business customers representing 35 percent of total lending, and also reported a 74 percent year-on-year growth in deposits to £6.6 billion, 52 percent of which was from business customers.
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