Bank North makes senior promotions and key hires as full launch draws closer

Rebecca Owen becomes Commercial Director, Louise Halliwell is promoted to Savings Director, and Manchester Lending Pod makes key hires

Bank North, the first truly regional business bank of the modern era has announced the internal promotion of two senior team members, to take effect once the Bank reaches full launch. With Regional Managing Director, Rebecca Owen, being promoted to Commercial Director, and Head of Savings, Louise Halliwell, being promoted to Savings Director. To meet significant customer demand, Bank North has also made two key hires to further strengthen the Manchester Lending Pod.

Rebecca Owen joined Bank North two years ago as Regional Managing Director after gaining vast commercial experience from a 23-year stint at RBS. Since joining Bank North, Rebecca has played a significant part in the company’s regulatory and commercial journey, recently overseeing the successful launch of lending to SMEs, showcasing Bank North’s fast, agile loan delivery. Rebecca’s expanded role as Commercial Director at full launch will see her shape Bank North’s proposition, lending to SMEs by working with commercial brokers across the UK, helping to provide vital lending support as we face the challenging economic environment.

Louise Halliwell has been promoted to Savings Director as Bank North continues to gain momentum ahead of launching savings products to UK consumers later this year. After joining as Head of Savings in 2021, Louise has played an integral role to ensure Bank North can deliver the most attractive and efficient proposition to savers. As Savings Director, Louise will continue to apply her vast knowledge of the savings market, including eight years as a Senior Manager at the Yorkshire Building Society, to ensure that Bank North’s future customers get the best service.

Rebecca and Louise will both formally assume their new positions at full launch.

Rebecca Owen, Bank North Commercial Director, said:

I am thrilled to be appointed as Bank North’s Commercial Director, and I look forward to continuing my work in helping to build a truly regional bank. With the UK economy pushing forward after a tough two years both socially and economically, our vision for personal and fast SME lending has not changed and is needed more than ever. Since joining as Regional Managing Director, we have achieved so much, from Authorisation with Restrictions (AWR), to delivering loans to great businesses. I look forward to continuing to work with our outstanding team, attracting more talent as we roll out across the UK.

Louise Halliwell, Bank North Savings Director, said:

“I am delighted to take up the role of Savings Director at Bank North; I joined Bank North at such an exciting time for the company and the savings market, I want to continue to apply my knowledge in launching a range of dynamic saving products that offer great value for customers. Empowering UK savers to put their cash in a bank that will deliver loans to the SMEs powering UK regions, while enjoying full Financial Services Compensation Scheme (FSCS) protection, is a unique proposition, and coupled with good service and fair returns I look forward to welcoming customers to our new bank.

Alongside these senior promotions, Bank North welcomes Ellie Woodhouse as Lending Director and Shane Francis as Lending Manager for the Manchester Pod. Ellie joins the team at Bank North after 11 years of experience as a manager at Handelsbanken and will bring her local banking expertise to the Manchester pod team. Shane joins after a career in service and case management with Santander and four years’ experience in relationship management at Cater Allen Private Bank. Ellie and Shane will work to strengthen and grow Bank North’s regional expertise and contacts with local brokers and companies.

Jonathan Thompson, Bank North CEO and co-founder, said:

Since joining, Rebecca and Louise have become key members of the team, and these promotions reflect their hard work. The promotions, along with our new Manchester Pod recruits Ellie and Shane, come at a vital stage in our journey, as we look not just to aid a post-COVID economic recovery, but to help rebalance the nation’s economy and, importantly, as we look ahead to when we will be welcoming savers to Bank North.
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Bank North Limited is authorised by the Prudential Regulation Authority and authorised and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number 848024). Bank North Limited is a company registered in England and Wales (company number 11030672) and its registered office is Suite 20A, Manchester One, 53 Portland Street, Manchester, M1 3LD.

Bank North has been Authorised with Restrictions since 24th August 2021, at which point the firm entered a phase known as mobilisation. During this phase, the bank will be undertaking lending activities but will not be accepting customer deposits.