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Ten years on from the global financial crisis, the boss of Britain’s newest challenger bank for small to medium sized businesses is to discuss whether the UK has moved on from a ‘decade of doom and gloom’.
The chief executive officer (CEO) and co-founder of Redwood Bank, Gary Wilkinson, who was recently named as 2018’s ‘Top business leader in banking’ and among the ‘Top 25 business leaders in the UK’ by CEO Monthly Magazine, will speak at two major conferences.
Gary Wilkinson, CEO, recently named as 2018's 'Top Business leader in banking' and among 'Top 25 business leaders in the UK' by CEO Monthly Magazine.
One event is set to take place on March 14th, the date that officially marks the sale of the leading US finance firm Bear Stearns in 2008, the first casualty of the banking crisis.
He joins an impressive line-up of other challenger bank CEOs at the first event, '10 years on from the global financial crisis - has anything changed?‘ at Sky Light City Tower in London.
Mr Wilkinson is expected to say that “Whilst the financial crisis is behind us, new challenger banks like Redwood Bank have a unique opportunity to learn from the lessons of the past and step-up and meet the needs of today’s business customers.”
The second event will be the Chief Executives' Lending Forum on March 15th at the Waldorf Hilton, also in London.
This conference brings together senior leaders from around the British lending industry to discuss key issues and recognise excellence. The line-up includes Lord Alistair Darling, the Chancellor during the economic crisis.
Mr Wilkinson will use his knowledge of the industry, as well as his personal experience, to join a panel of people who will discuss issues such as best practices to meet customer demands, what the lending market will look like over the next decade and the impact Brexit might have on the UK economy.
Mr Wilkinson says: “There’s no doubt about it, the fall-out that occurred once Bear Stearns got bought out by JP Morgan, ripped a huge hole in Britain’s finances.
“Slowly and surely, and with new challenger banks leading the way, the mainstream banks have done a lot to refocus and rebuild their businesses over the last 10 years. Together, the industry is looking to put the doom and gloom of the last decade behind it.
“At Redwood Bank we’re proud to be taking the lead for business customers, and we are proud of what we’ve achieved in our first six months. I am looking forward to speaking at both events and explaining how we, as a new bank, have chosen to invest in people, service and technology in order to help make simple mortgages and savings available for businesses, to help them grow.”
Redwood Bank was launched in August 2017, becoming Britain’s newest challenger bank for small to medium sized businesses.
The Bank’s products include individually-assessed mortgages for business owners and professional landlords, as well as a range of Best Buy savings accounts, which is offered to charities, clubs and associations as well as businesses.
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Notes to editors:
For further details please contact Laura Pearce at Strand PR by emailing laura@strand-pr.co.uk or call 01763 274674 / 07903 106405.
Redwood Bank was launched in August 2017, becoming Britain’s newest business bank for SMEs and completing its ‘mobilisation’ phase just over four months after securing its initial banking licence in April 2017. Redwood Bank offers secured SME mortgages for business owners, as well as for experienced commercial and residential property investors. It delivers fast and efficient mortgage decisions to help their business customers seize property opportunities and also offers competitive business savings accounts. Redwood Bank was founded by Gary Wilkinson and Jonathan Rowland. It has a unique private-public ownership structure in which Warrington Borough Council has a one-third stake.
Top 25 Business Leaders Award from CEO Monthly
The 25 Top Leaders in Business awards by CEO Monthly Magazine showcase businesses that work hard to offer customers the very highest standards of service and support within the business world. Gary Wilkinson was named within the awards and is the only recipient of an award in Hertfordshire.
- Top Business Leader in Hertfordshire
- Top Business Leader in Banking
- Within Top 25 Business Leaders in UK
10 years on from the global financial crisis - has anything changed?
14 March 2018 marks 10 years since the fire sale of Bear Stearns. In the decade that has passed since the global financial crisis, has the banking industry changed and learnt from the mistakes of the past?
On 14 March, Gary Wilkinson joins the leaders of other challenger banks such as CivilisedBank, Masthaven and OakNorth to discuss how customer expectations and the relationship between customers and their banks have changed, and what the future holds for the banking sector. The event starts at 8:30am. Tickets are free and available here: https://goo.gl/Z5esMc
Chief Executives’ Lending Forum
The Chief Executives’ Lending Forum is being held on 15 March 2018. Mr Wilkinson joins a line-up, including Lord Alistair Darling - the chancellor during the economic crisis – and leaders from Lloyds Bank, OakNorth, Monzo, Tandem and industry bodies such as the Lending Standards Board and the Finance & Leasing Association. The event brings together senior leaders from around Britain’s lending industry to discuss the key issues facing the industry and will also reveal the winners of the UK Lending Awards 2018.