Claire Rankin, who is currently head of networks, residential mortgages, will also become interim sales director.
Shawbrook Bank has appointed Phill Tyson as head of credit for residential lending after Maeve Ward’s departure.
Claire Rankin, who is currently head of networks, residential mortgages, will also become interim sales director.
Jeremy Law, commercial director of Shawbrook, said: “Phill brings a great deal of knowledge and experience to our underwriting teams and I’m confident through his leadership Shawbrook will continue to be known for offering residential mortgage products that are built on common sense, consideration and thoughtful judgement.
“Maeve has been an integral part of Shawbrook for the last nine years during which time she was instrumental in the success of the residential offering, and a key personality within the business working with the Banks’ pool of broker partners. I would like to thank Maeve for the important contribution she has made and wish her well for the future.
“Claire has extensive experience and first-hand knowledge of the residential mortgage market and I’m confident that she will continue to help provide the right solutions via the broker channel, balancing its regulatory responsibilities with the need to provide practical and thoughtful solutions to UK borrowers.”