OUR SAVINGS PRODUCTS
Put your business cash to work with our simple, rewarding and easy to use business savings accounts.
Our opening hours will change during the festive season.
Our opening hours will change during the festive season. We will close from 2.00pm on the 24th December and reopen at 9.00am on the 27th December. Our usual opening hours will then apply. We will be closed on the 1st January and reopen at 9.00am on the 2nd January.
Ashraf Piranie has joined Redwood Bank as Chief Financial Officer, bringing with him more than 25 years of financial services experience.
He said: “I am delighted to be joining Redwood Bank. I believe there is strong opportunity in the UK for a modern bank to support the SME sector through application of technology and relationship banking. And Redwood is perfectly placed to be that bank.”
Ashraf has an enviable track record that includes retail and commercial banking. He has worked in a number of different areas, including strategy, operations, customer service, change management, IT, risk, finance and treasury. He has also led and delivered long-term wholesale funding programmes and capital raising initiatives.
Over the years he has worked in various roles for Alliance and Leicester, as Finance Director; and joint managing director with Islamic Bank of Britain; Deputy CEO and Finance Director with Nottingham Building Society; and most recently as Group Finance and Operations Director with West Bromwich Building Society. Ashraf was also Deputy Chair and member of the Bank of England’s Prudential Regulation Committee (PRA) Practitioner Panel for a period of six years.
A Fellow of the Association of Chartered Certified Accountants, Ashraf said: “My years of experience will be invaluable in enabling me to work successfully with colleagues across the business to deliver a successful bank that has its customers at the heart of everything it does.”
Redwood Bank celebrated its fifth anniversary in 2022, the same year it announced its first profit.
Gary Wilkinson, Co-Founder and CEO, said: “As the Bank continues to grow, Ashraf will help us to deliver on our commitments to our customers. He understands our business model and I know he will make an invaluable contribution to helping us achieve success.”