Secure Trust Bank Real Estate Finance (STB REF) has appointed Andy Clutterbuck and John Griffin as regional heads for the Midlands and South, and London and South East regions respectively.
Andy and John joined STB REF in 2019, having both previously worked for NatWest Bank. Together, they have more than 40 years' experience in real estate finance.
As regional heads, Andy and John will lead teams based in Reading and London, with a total of 15 relationship directors, focussing on deal origination and management of the bank's existing loan book.
As part of their new roles, they will also sit on STB REF's executive committee.
Geoff Ray, managing director of STB REF, said: 'Andy and John's appointments recognise the valuable contribution they have made to the business since joining us two years ago. Between them they have a wealth of experience in real estate finance and are well respected amongst clients and peers alike.
'I'm looking forward to working with Andy and John more closely in their new roles as we continue grow the Real Estate Finance business across the UK.'
In 2020, STB REF saw revenues increase by 10.4% to £54m, with the team's balance sheet growing by 9.3%, exceeding £1 billion for the first time.
Secure Trust Bank plc published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 08:21:01 UTC.