Stephen Johnson promoted to Deputy CEO of Shawbrook Bank

By Bridging Loan Directory 4th June 2015

Stephen Johnson, Managing Director of Shawbrook’s Commercial Mortgages Division, has been promoted to Deputy CEO of Shawbrook Bank, and will join the Board of the Company with immediate effect.

Stephen will retain his position as Managing Director of Shawbrook’s Commercial Mortgages division, which has grown significantly since the Bank’s launch in 2011 thanks to its high-touch human underwriting approach, personal relationships, and a relentless focus on executing the loan application process as efficiently as possible.

Stephen’s role as Deputy CEO will be in addition to his existing leadership duties, as Shawbrook enters the next exciting phase of its growth following a successful IPO with admission to the LSE main market in April 2015.

Stephen Johnson, Deputy CEO of Shawbrook Bank said:

“We launched Shawbrook in 2011 with big ambitions for the Bank, and I’m delighted to take on the role of Deputy CEO at the start of a significant new chapter in Shawbrook’s journey. In addition to my new role, I will continue to lead the Commercial Mortgages division alongside a strong and very talented management team. We are committed to ensuring our processes, operations and framework are the best they can be for our brokers and customers, and this will continue to be a core focus for the Commercial Mortgages division in 2015 and beyond.”

Stephen has 12 years’ experience in building specialist lending businesses, primarily with operational and commercial experience in the UK intermediary market. Prior to Shawbrook Bank, Stephen was part of the founding team at Commercial First and established a key profile in the intermediary market, with a number of significant loan distributors and wider IFA and mortgage networks.