“Driven and determined” business lending specialist joins award-winning challenger bank

Khalid Mahmood has become the latest recruit to join Redwood Bank. With 14 years’ commercial banking experience, he has held numerous positions in High Street banking, merchant banking and the challenger/ financial technology bank sector. Khalid has been appointed as Business Development Manager, where he will be helping small to medium sized businesses (SMEs) in the Midlands expand, diversify or strengthen as a result of new lending or refinance.

Khalid Mahmood, Business Development Manager - Midlands

 
He follows in the footsteps of Mark Dolphin, who was recently hired as Business Development Manager, North, to strengthen the Lending team within the bank, which has experienced a large recruitment drive following a successful first 14-months of trading, now bringing the total number of employees to 57.

Describing himself as a driven and determined banking professional, Khalid said: “I am delighted to join the Redwood team and be part of Britain’s first 100 per cent born in the cloud business bank. I am looking forward to widening my already strong network and forging new relationships as a I strive to serve and assist SMEs.”

Over the past 14 years, Khalid has worked closely with SMEs, having held general and specialist roles at Habib Bank Limited, NatWest and Atom Bank. Using his specialism in international trade finance, real estate and trading business, he has successfully managed portfolios ranging from 50 to 250 corporate clients, as well as handling lending lines up to £15 million and turnovers up to £25 million.

Redwood Bank is the UK’s first business challenger bank to be completely born in the cloud. In the last three months it has scooped three award titles including Bank of the Year in the Global Business Excellence Awards and England’s Most Outstanding Commercial Mortgages Bank of the Year 2018 in Global Business Insight Magazine’s awards. Redwood Bank’s Chief Executive Officer, Gary Wilkinson, has also been identified as a CEO of the Year in the UK, representing Hertfordshire, by CEO Monthly Magazine.

Gary Wilkinson, said: “I’m absolutely delighted to welcome Khalid to our team. His robust network of intermediaries across the Midlands will be a valuable asset to our customers and the bank. As we continue to develop and grow, it’s key that we have the best people on board committed to delivering a first-class service for all our business customers.

“Khalid is passionate about making a genuine difference to SMEs, who make up the lifeblood of the UK economy, and is now on hand to assist them with their goals and aspirations.”

Redwood Bank’s products include individually-assessed mortgages for business owners and professional landlords, as well as a range of Best Buy savings accounts offered to charities, clubs, associations and businesses.

For further information, visit www.redwoodbank.co.uk 

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Notes to editors

For further details contact Laura Pearce at Strand PR on laura@strand-pr.co.uk or 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 Jonathan Rowland and Gary Wilkinson. It has a unique private-public ownership structure in which Warrington Borough Council has a one-third stake.