Shawbrook has appointed John Eastgate as managing director for its commercial mortgage business.
Eastgate will join the specialist lender in the summer. He is currently sales and marketing director at One Savings Bank and has been at the lender for more than six years.
He will bring nearly 30 years’ experience in financial services having also held senior positions at Saffron Building Society and Experian.
Eastgate promises to be a key figure at Shawbrook as the lender seeks to grow within its chosen markets in support of professional investors, landlords and SMEs across the UK.
Eastgate (pictured) says: “The commercial mortgages division at Shawbrook has a long track record of success and this represents a great opportunity to take an established business on the next phase of its journey. I’ve loved my time at OSB and value the relationships and successes I have experienced over the past six years. This was the right time to make a change, and I’m looking forward to what I’m sure will be a challenging yet highly rewarding next step.”
Shawbrook chief executive officer Ian Cowie says: “Securing John’s appointment is a fantastic way to kick off the year and I’m delighted that we will be welcoming him to the commercial mortgages business in June. His knowledge and expertise across this space will be invaluable in helping us continue our growth across the commercial property market.”