Redwood Bank has appointed David Kennedy as its chief operating officer. Kennedy, with a background at Lloyds, Barclays, Shawbrook, and Masthaven banks, brings over 25 years of experience to the team.
Attracted by Redwood Bank’s culture and its approach to banking, Kennedy said: “I met a lot of people during the interview process who championed these ideals, but also who didn’t take themselves too seriously. With these attitudes and values, anything can be achieved, and Redwood have these in bucketloads.”
His appointment coincides with Redwood Bank’s strategic plans, following the announcement that its parent company, Redwood Financial Partners Ltd, has signed Heads of Terms for a reverse takeover of R8 Capital Investments plc.
Kennedy is keen to play a significant role in this transition, focusing on “building the flexibility of our proposition and strengthening the expertise of our people so that we can continue to be completely focused on supporting our brokers and customers, streamlining our processes and increasing the speed of approval and completions.”
Kennedy added: “Redwood has a strong foundation built upon its people, many who have been here from day one. This has led to a unique and widespread customer-centric culture in the Bank, which goes beyond catchy words on a page.”
Gary Wilkinson, founder and CEO of Redwood Bank, expressed his enthusiasm for Kennedy’s arrival: “We are delighted to welcome David, who has joined at an important juncture and who will be a great addition to our leadership team. His attitude and commitment to our colleagues and customers will see him lead by example as our story continues.”
