Poll
In the Spotlight with Stephen Johnson of Shawbrook Bank
We sat down with Stephen Johnson, New Business Director, to find out a bit more about his role at Shawbrook, why he loves Bermuda so much and what the significant impact the lending company has already had on the secured loans market...
1) Firstly what does Shawbrook do?
Shawbrook is a specialist lending and savings bank, which means we attract retail, business and charity depositors and lend to personal and business borrowers.
2) You currently hold the position of New Business Director, what five key words would you use to describe your role?
Originations, Strategy, Operations, Credit Performance, Manager!
3) Could you tell us a bit about you background and what made you get into the secured lending industry?
Qualified accountant with time spent in corporate finance before joining the industry. It’s the family business!
4) What is the best thing about your job?
I enjoy it!
5) In light of the on-going financial crisis, what do you think has been the biggest challenge the industry has faced in the past few years?
Liquidity and impact of job losses/business failures on mortgage performance.
6) What did you want to be when you were a kid?
A professional golfer.
7) Since rebranding as Shawbrook you’ve already had great success, including Norton Broker Services naming you Lender of the Year on our website last year. What is the one thing you want Shawbrook to achieve in 2012?
Our lending targets – both volume and quality!
8) What other significant changes do you think will come into play in the secured lending industry during 2012?
All about impact of regulation (Domestic & EU) and impact of Eurozone end game on banks’ ability to lend.
9) What do you like to do on your weekends off?
Golf and family trips.
10) Where is your favourite destination in the world and why?
Bermuda (so far) beautiful island, lovely people, old world colonial, not too hot or too far!
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