"Identifying, mitigating, and adhering to risk and compliance is vital within the banking industry"
Redwood Bank has appointed Alan Brown as its new chief risk officer.
Alan started working for the Bank in April 2017 as director of risk and compliance and has more than 30 years' experience in financial services.
His previous roles include leading the development and operation of liquidity management in TSB during the building of the Bank, leading to its separation from Lloyds Banking Group. He then headed the market risk function for Williams & Glyn as it prepared for separation from Royal Bank of Scotland.
Redwood Bank was launched in August 2017 and provides individually assessed mortgages for business owners and professional landlords.
CEO and co-founder of Redwood Bank, Gary Wilkinson, said: “This is a fantastic opportunity and is well deserved. Alan is meticulous, methodical and takes pride in what he does. He always goes above and beyond, which is why we wanted to recognise him and the importance of the vital role he plays.
“Identifying, mitigating, and adhering to risk and compliance is vital within the banking industry and having Alan overseeing Redwood’s activities means we’re in safe hands.”
Alan added: “It’s humbling to have been appointed as a board member. I take my responsibilities extremely seriously and this appointment confirms the importance of a strong risk and compliance function to the Bank.
“I look forward to embracing my new role as chief risk officer, guiding Redwood Bank through the continuous challenges of achieving high standards of risk management, compliance and governance.”