Kelly will hold responsibility for lending activity of the business, including both credit and operational matters.
Stephen Johnson, managing director of commercial mortgages at Shawbrook Bank, said: “This is very much deserved recognition for the increased responsibility and work Stuart has taken on as the commercial mortgages business has grown so rapidly.
“The year has already had a strong start and we look forward to this continuing in 2014 under Stuart’s leadership.”
Kelly recently reviewed and redrafted the short-term loan credit policy guidelines.
Since Shawbrook launched in October 2011, he has increased the number of mandated lending managers from three to 15.
Kelly said: “I’m immensely proud to be taking on this important role and look forward to working even more closely with my colleagues in the lending team in the coming months.
“We are constantly striving to provide an excellent service to our intermediaries as well as lending prudently and I couldn’t ask for a harder working team to help achieve those goals.”
