Another senior appointment has been made by a Hertfordshire Challenger Bank, as it secures a new Director of Operations with nearly 20 years’ experience in the financial services sector.
Over the course of his career, Sebastian Mrotzek has worked in multiple roles across commercial Banks, start-ups and regulators, and he has now joined the Redwood Bank team.
Prior to his new role, he was working for a London-based Fintech start-up during its banking licence application stage. There he held the title as Deputy Chief Operating Officer (COO) and Head of Banking Operations.
Sebastian Mrotzek, Director of Operations
He has also held senior positions at the Prudential Regulation Authority and was a member of the Bank of England’s Technology and Projects Board.
"I am thrilled to be joining such an experienced team at both management and operational levels. Redwood Bank has a genuine passion for achieving great customer outcomes and I’m excited to become part of the Bank’s journey as it continues to develop and grow.
"Working in a challenger bank provides me with the opportunity to influence the direction of the company, without the constraints of legacy systems and set ups. In addition, it also provides a platform in which one can engage in the end-to-end operations."
Sebastian started out as a Financial Services Analyst at Datamonitor, before moving to Citigroup, Accenture, HSBC Global Asset Management, Barclays Retail and Business Bank and Lloyds Bank Global Transaction Banking.
His role is a multi-faceted position that spans Banking Operations, Credit Operations, Information Technology and Project Management.
Gary Wilkinson, CEO and Co-Founder of Redwood Bank, said: "This is a key role as it supports the smooth-running and full operations of Redwood. Sebastian’s job involves ensuring all activities are conducted in a regulatory compliant manner, while also making sure all our customers are well looked after.
"We are impressed by Sebastian’s vast and varied experience and general management approach. There’s no doubt he’s set to become a very welcome addition to the Redwood team, and we welcome him with open arms."
For further information, visit www.redwoodbank.co.uk.
Notes to editors
For further details contact Laura Pearce at Strand PR on [email protected] 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 its 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.