We are on a journey building the leading SME bank in the UK, as recognised by our customers and colleagues.
With 5.7m SMEs in the UK, they truly are the engine room of our economy but have been neglected by banks for too long.
Forced to use call centres, waiting months for decisions and deprived of access to people who understand their business, it’s no wonder entrepreneurs are fed up with banks.
Recognise is on a mission to put this right with a bank built on personal relationships, powered by the latest technology.
With a strong and experienced executive team in place since the early part of 2018, Recognise is continuing in the process of applying for a UK banking licence, with the objective of receiving authorisation to accept deposits by the latter part of 2020.
In March 2019, Recognise raised £15.2m in new funds to support the launch of its SME Bank.
Chief Executive Officer
33 years experience
Former MD of Commercial Banking and Mortgages at MetroBank. Head of SME at NatWest and RBS.
Deputy Chief Executive Officer
36 years experience
Formerly MD of Commercial Banking at Alliance & Leicester/Santander. Commercial Director at Nationwide BS responsible for £22bn lending portfolio. NED and Chair of Group Risk Committee at Newcastle Building Society.
Chief Financial Officer
23 years experience
Previously Finance Director of three large divisions of Network Rail, Group FD of Euroway Group and FD of Hanco ATM Systems Ltd.
Chief Risk Officer
30 years experience
Head of Credit at Northern Trust, Senior risk consultant in market risk at Deutsche and Deputy Chief Risk Officer at SMBC Nikko.
Chief Credit Officer
31 years experience
Former National Head of
Commercal Property Finance at
Nationwide BS. Retail banking
with NatWest & SME business
deposit taking operation at
Chief Marketing & Savings Officer
24 years experience
Former Savings Director of Shawbrook and Masthaven Banks and ex-Marketing Director of specialist lender, Pepper Money. Founder of Savings Guru which has worked with eight new entrants to the savings market.
Managing Director of Asset Finance
31 years experience
Former Director of Universal Leasing Ltd and Head of European Business Development for Barclays and CitiCapital.
Chief Technology Officer
4 years experience
Former Technology Consultant at PwC. Banking Authorisation, IT service and risk management. Has recently advised six banking licence applicants. Qualifications include both Electronic Engineering and Management.
Jason Oakley, CEO of Recognise, and Michael Goldstein, CEO of City of London Group, explain the challenges SMEs face when trying to access financial services and how we aim to redefine the SME banking experience, to Joy Macknight of The Banker.
INVEST IN RECOGNISE
To see our latest Investor Presentation, please click here.
For further information on investment opportunities, please contact:
Ben Peters Investor Relations Director T: 07941 224028