"With the addition of Robert and Andy to our leadership team, Alba has reached another crucial milestone in our journey towards launch."
New SME lender, Alba Bank, has appointed Robert Sharpe and Andrew Lewis to the key roles of chair of the board and chief risk officer as it gears up for launch.
Robert Sharpe brings with him over 45 years’ experience in retail banking and is also currently chair at Metro Bank, Hampshire Trust Bank and Pollen Street.
Andrew Lewis brings over 25 years’ experience in financial services. He joins from Aldermore Bank, where he served three years as chief risk officer. Prior to that he was an expert partner at Bain & Co in their financial services and digital practice and, before that, worked over 20 years in NatWest Group where he held a number of senior business and risk roles, most recently managing director of commercial and private banking. He was also co-founder of NatWest’s SME digital lending platform, Esme Loans.
Founded by Scottish entrepreneur, Jim McColl in 2018, with its headquarters in Glasgow, Alba Bank was established to provide commercial finance to UK SMEs. Alba is developing a network of regional commercial finance experts with the experience to work alongside SMEs as they grow.
Earlier this year, Alba was granted its banking licence by the PRA and FCA, allowing it to move into mobilisation.
Rod Ashley, CEO at Alba Bank said: “With the addition of Robert and Andy to our leadership team, Alba has reached another crucial milestone in our journey towards launch. We’ve now got a team with the right experience and values to deliver a new challenger bank aimed at supporting SMEs to achieve their true potential. Robert and Andy bring considerable experience of running successful retail banks, at big institutions and smaller challenger banks. Their insight into the challenges and opportunities of creating a bank committed to serving SMEs will be invaluable as we accelerate plans for launch.”
Robert Sharpe commented: “I’m looking forward to using my experience of building successful challenger banks to helping Alba achieve its vision and strategy. Alba is now well-set for the next stage of its journey, with a strong board, an experienced executive team and supportive shareholders. The bank is well capitalised and fully focused on building a modern, customer-centric, efficient organisation which can successfully take on the competition. I am very excited to be part of this new venture.”
Andrew Lewis added: “I’ve spent a lot of my career working with the SME sector which has been consistently failed by the big banks. There are many reasons for that failure, but we see a real opportunity for Alba to champion this key part of the UK economy as a specialist lender. I’m delighted to be part of it.
“As CRO I’ll be focussed on helping mobilise a safe, scalable and sustainable bank, ensuring that we have the full confidence and backing of our key stakeholders, and offering compelling SME lending and online savings propositions to our customers”.
