Shawbrook, a prominent financial institution in the United Kingdom, has recently strengthened its development finance team with the recruitment of three highly experienced professionals. This strategic initiative aims to further enhance the level of support provided to property developers across various regions in the UK.
The first new addition is Philip Kirkwood, who has been appointed as the senior relationship director. With over 25 years of experience in the sector, Kirkwood brings a wealth of knowledge and expertise to his new role. He will be responsible for originating new deals and establishing a portfolio of developers and housebuilders in the South East of England, including the vibrant city of London. Notably, Kirkwood was one of the founding members of Shawbrook’s development finance team back in 2016. After a brief period at United Trust Bank, he has returned to Shawbrook to contribute to the continued success of the organization.
In addition to Kirkwood, Greg Pescott and Tom Edmunds have also joined the team as relationship directors. Pescott will be focusing on the South West and Wales regions, while Edmunds will oversee the Midlands. Their primary objective is to design and deliver tailored funding packages that will provide comprehensive support to developers throughout the entire lifecycle of their projects – from the initial planning stages right through to the successful sale of their developments.
Terry Woodley, the highly esteemed managing director of development finance at Shawbrook, expressed his enthusiasm regarding the recent developments within the team. He cited the achievement of surpassing £2 billion in lending as a pivotal moment for the development finance division and highlighted the importance of having the right talent onboard to continue this momentum.
Woodley stated, “We are delighted to be expanding the team with some fantastic new hires; it is great to see Philip return to Shawbrook to be part of the journey, and I look forward to working alongside Greg and Tom as we continue to expand our regional teams across the UK. The diverse experience of all our new hires will be fundamental in growing our exposure and strengthening our support for developers, with bespoke funding for their projects.”
This move by Shawbrook underscores the organisation’s commitment to providing innovative and tailored financial solutions to property developers. It also reaffirms their dedication to creating a positive impact in the UK’s property development landscape.
In conclusion, the new additions to Shawbrook’s development finance team are set to bring a new wave of expertise, energy, and fresh ideas to the table. As the UK property market continues to evolve, the strategic decisions made by industry leaders such as Shawbrook will play a crucial role in shaping its future. With the recent appointments, Shawbrook is well-positioned to solidify its position as a key player in providing financial support to property developers across the UK.