5 May 2016 16:02
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Don't have an account? Click here to register.Shawbrook appoints Dylan Minto as CFO
Tue, 07th Feb 2017 11:09
(ShareCast News) - Challenger bank Shawbrook Group has appointed Dylan Minto as chief financial officer and executive director with effect from 6 February.The specialist lending and savings bank said Minto's appointment follows an extensive market search for the best candidate following the departure of Tom Wood back in June.Minto, wjho joined Shawbrook in September 2013, played a significant role in the IPO preparations and the development of the 2020 strategy evolution and has successfully taken on the role of interim chief financial officer since Wood's departure. Prior to Shawbrook, he was at KPMG for eleven years where he qualified as a chartered accountant, had a high-profile M&A client facing role and worked on a number of major UK and European bank resolution projects.Chief executive officer Steve Pateman said: "I am delighted to confirm Dylan as Shawbrook's CFO. Dylan has been instrumental in the success and achievements of Shawbrook since joining in 2013."Dylan's experience within the group, the relationship he holds with investors and analysts, and his wider involvement in the sector prepare him well for the CFO role. In addition, Dylan's exceptional standards and values mean he will be an increasingly important leader at Shawbrook and one I look forward to continuing to work with."At 1115 GMT, the shares were up 0.4% to 244.10p.
More News
5 May 2016 08:31
Shawbrook hikes profits and sets out confident loan targets
(ShareCast News) - Shawbrook Group grew profits 29% in the first quarter and, despite a small squeeze on net interest margins (NIM) from higher property lending in the period, stated its confidence in hitting full year targets. The challenger bank said its business pipelines remained healthy, even a
Read more15 Mar 2016 16:56
Sector movers: Antofagasta crushed after company abandons dividend
(ShareCast News) - Miners came under renewed selling pressure as iron ore futures continued to come off the boil and ahead of the US central bank's policy meeting the next day, with the Bank of Japan's decision overnight to keep its policy settings unchanged - instead of delivering further stimulus
Read more3 Mar 2016 16:40
Thursday newspaper share tips: Virgin Money, Challenger banks
(ShareCast News) - Homes are not always a safe repository of value, as property busts show, but at the moment they are the safest corner of the UK banking space. That was reflected yesterday in Virgin Money's full-year figures for return on tangible equity, which at 10.9% easily trumped those of the
Read more3 Mar 2016 15:58
Broker tips: Stagecoach, Shawbrook
(ShareCast News) - Stagecoach Group's shares declined on Thursday as Investec cut its rating to 'sell' from 'reduce' and target price to 250p from 300p. Investec said Stagecoach's trading update on Wednesday revealed softer revenues than expected in all divisions, apart from North America. The FTSE
Read more3 Mar 2016 13:32
Shore Capital says get Shawbrook while it's hot
(ShareCast News) - Shore Capital has reiterated its 'buy' rating on challenger Shawbrook Bank on its belief the valuation of the specialist lenders sub-sector is wrong, with Shawbrook being valued at 10 times earnings despite 20% EPS growth forecast. Maiden final results from the bank since its 2015
Read more3 Mar 2016 11:50
Shawbrook beats forecasts and plays down BTL worries
(ShareCast News) - Shawbrook Bank's first final results since its flotation last April showed underlying profits ahead of forecasts and confidence brimming for the years ahead. The 'challenger' bank, which was formed when the former RBS Equity Finance acquired the banking licence of Manchester-based
Read more29 Feb 2016 14:29
FTSE 250 movers: Ocado, Ultra and Hiscox weigh on index
(ShareCast News) - The FTSE 250 crawled back towards parity by mid-afternoon on Monday after an early morning dip, but the index remained doggedly on the wrong side of the line. Shares in Vedanta Resources led the recovery over the day, climbing on news that India will shelve export taxes on low-gra
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