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Recognise Bank has promoted James Meigh, formerly regional director of North, to the role of business development director.
In the role, he will oversee the bank’s regional hubs in London, Birmingham, Manchester and Leeds.
He has worked with the firm for around two years and before that he worked at Santander UK Corporate and Commercial for just over 11 years.
The lender gained its banking licence in November 2020, and provides commercial property loans, bridging loans, professional practice loans and SME working capital loans.
Recognise gained permissions to collect deposits from the Prudential Regulatory Authority in September and launched into professional buy-to-let market in November last year.
Earlier this year, the bank reached its £100m lending milestone as its founder chief executive Jason Oakley left the business.
Bryce Glover (pictured), chief executive of Recognise Bank, said: “James has been an important part of Recognise, even before we got our banking licence, and he has helped shape and drive the relationship model we have today.
“I am delighted that he now has the national role as I know he will continue to inspire his team and help grow our lending even further.”
Meigh said: “It’s been a fantastic start for Recognise, and it’s great to have such supportive partners in the brokers we work with.
“Having hit a major milestone with our £100m target, the team is really energised to build on that foundation for the future. The feedback we have had from brokers and borrowers alike has helped us fine tune our proposition, so we look forward to continuing to support Britain’s SMEs with their funding needs.”
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