Ashraf Piranie has been appointed chief financial officer at Redwood Bank and also joins the board of directors.
Piranie joins the SME focused bank from The West Bromwich Building Society, where he was group finance and operations director.
He has previously held roles at Alliance and Leicester, Islamic Bank of Britain and Nottingham Building Society.
Piranie has 25 years’ experience in the industry and has worked in a number of different areas including change management, operations and finance and treasury.
He was also deputy chair and member of the Bank of England’s Prudential Regulation Committee (PRA) Practitioner Panel for six years.
Commenting on the news Gary Wilkinson, co-founder and chief executive of Redwood Bank, said: “As the Bank continues to grow, Ashraf will help us to deliver on our commitments to our customers. He understands our business model and I know he will make an invaluable contribution to helping us achieve success.”
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