Commercial News

The Cumberland appoints head of commercial

Rozi Jones -
|
30th March 2021
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"I’m very much looking forward to joining The Cumberland as it continues to support its existing commercial customers, while helping to grow its commercial book beyond its Cumbria base."

Cumberland Building Society is planning to expand its commercial lending division with the appointment of Scott McKerracher as head of commercial.

Scott has 35 years’ industry experience, most recently as director of commercial banking for the Scotland area at Lloyds Banking Group.

In his new role, Scott will be focused on supporting The Cumberland’s existing customers through the remaining stages of the pandemic, building a relationship management model for the business, expanding the team by recruiting experienced relationship bankers and starting to grow the commercial book by acquiring new hospitality customers.

Scott McKerracher said: “In the financial services sector, I believe how you treat your customers and staff is critical, and providing exceptional service is at the heart of that.

“I was keen to join a company that shared these values while boasting exciting growth ambitions and The Cumberland was the perfect fit. Its strong service-led and community-oriented approach to all that they do has been exemplified through their support for their hospitality customers, most of whom are continuing to face the challenges brought about by Covid-19.

“I’m very much looking forward to joining The Cumberland as it continues to support its existing commercial customers, while helping to grow its commercial book beyond its Cumbria base.”

Alex Windle, chief customer officer, commented: “We’re delighted to welcome Scott to the team. He brings a wealth of experience to bolster our existing in-house expertise, and will be instrumental in engaging with customers, brokers, professional introducers and industry leaders to identify how we can best help businesses and the sector survive and thrive.

“As a specialist lender to hospitality businesses, we have witnessed the huge challenge and burden placed on the sector since the start of the pandemic. Our teams continue to act as trusted advisors to our hospitality and business customers throughout the UK, not just regarding mortgages but with the much broader issues they may be facing. We are looking forward to Scott building on these foundations to ensure our commercial customers continue to receive the support and guidance they have come to rely on this past year.”

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