SME bank Recognise appoints new team for its London hub

By Megha Bhattacharya

Recognise today announced a new set of appointments for its hub in London. The company hired Jackie Skelt as the Regional Director, Shami Sharma and Dave Bronsdon as the new Business Development Managers.

On the team and her appointment, Jackie commented, “I am excited to take a hands-on role at Recognise at a time when SMEs really need the extra support. Our London team is made up of highly experienced people, with a passion for helping businesses grow. And the city is full of businesses with great potential, crying out for specialist lending solutions.”

Jackie will be joining the company after working in senior roles at financial institutions such as NatWest, Santander and Metro Bank. She will lead the London and Midlands teams, to provide the SME market with a range of lending products to meet their lending requirements.

Jason Oakley, CEO of Recognise said “We are thrilled to add even more talent to our experienced team that will contribute to the growth of Recognise and our expansion within the regions. Jackie, Shami and Dave are perfect additions to our London team, with lots of experience in SME banking.”

Recently, Recognise, the wholly-owned subsidiary of the City of London Group, has received authorisation with restriction (AwR) from the PRA/FCA. The banking license from the PRA/FCA aims to address the service app for SMEs and enable Recognise to meet mobilisation conditions that will lead to the removal of the deposit restriction.

Recognise also selected ClearBank as its banking partner in a bid to boost its banking service levels with the addition of transparency and faster transaction processing for the SMEs. Recognise, subject to the granting of a banking license, will be targeting the COVID-19-affected and the financially stressed UK SME sector.