Cambridge & Counties Bank appoints head of product and proposition

Cambridge & Counties Bank has appointed Tim Lucas to the newly created role of head of product and proposition.

Tim will work alongside the leaders of the Bank’s real estate finance, asset finance and marketing departments as part of its growth strategy. He will hold responsibility for the Bank’s products across savings and lending, ensuring that they are reflective of the current and future needs of its customers.

Tim was most recently head of product at HSBC and prior to that was responsible for the existing customer management of the retail portfolio at HSBC UK.

The latest hire follows the recent appointments of Scott Barber as regional director for the North, Elizabeth Lockwood as a non-executive director and chair of the risk & compliance committee, and Michele Ibbs as NED and shareholder representative for Cambridgeshire Local Government Pension Fund, one of the Bank’s two shareholders.

Sarah Barker, chief commercial officer at Cambridge & Counties Bank, said: “We’re delighted to welcome someone of Tim’s calibre and exceptional experience to the senior team. He will play a central role in our strategy to be the ‘bank of choice’ for the UK’s SMEs and professional property investors.”

Tim Lucas added: “Cambridge & Counties Bank is well positioned to meet its growth aspirations in core areas such as asset finance and real estate finance. I look forward to working with all teams to deliver an enhanced proposition to our customers and the commercial finance brokers that serve them.”