Metro Bank has launched a specialist large commercial banking team focussed on supporting trading businesses and staffed by a team of industry experts.
Andy Veares will lead the new department as director and is joined by Paul Robinson and Simon Vallance, both formerly at Santander UK.
Veares will also be joined by Mark Byrne and Andrew Cremin both formally at Lloyds Banking Group as all four have been appointed as commercial banking directors.
The 10 member team will focus on those companies with a turnover above £10m and debt in excess of £3m.
The large commercial banking team will be able to support organisations with all of their day-to-day banking requirements including management buy-ins and outs and asset purchases.
Andy Veares, director of large commercial banking at Metro Bank, said: “We’ve seen unprecedented demand for our commercial banking services over the past year particularly from larger organisations that are looking for traditional relationship banking.
“I am delighted to welcome Paul, Simon, Mark and Andrew to the growing team. Their wide-ranging expertise, coupled with the bank’s commitment to ‘no stupid bank rules’ will enable us to provide customers with a superior banking experience geared around their needs.
“They will each play a valuable role not just in the team, but in the direction of our commercial bank, and I look forward to working with all four of them.”