Our Executive Committee

Director and CEO

Iain Hunter

Iain joined the Bank as Chief Executive Officer in September 2015 having previously held several senior management roles within CIT Bank limited including the roles of Chief Executive Officer and Chief Risk Officer.

He is an experienced, energetic and driven business leader who has successfully delivered business plans supporting a multitude of asset classes and liability strategies often within a significant change management environment.

Deputy CEO and Executive Director

Stephen Rose

Stephen is a chartered accountant with nearly 30 years’ experience in financial services. Stephen has worked in senior finance and change roles in banking, insurance, and asset finance, both in regulated public companies and for a private family group. Stephen has been an approved Board director in the UK, continental Europe, Australia and North America.

Chief Financial Officer

Rachelle Frewer

Rachelle has over 20 years’ of financial sector experience gained in UK, Europe and Asia, in roles in finance, treasury, corporate affairs and risk in global financial institutions including Standard Chartered Bank and HSBC. Most recently Rachelle was Deputy CFO at C. Hoare & Co and prior to that was Finance Director for the Commercial Division at Close Brothers. Rachelle qualified as a Chartered Accountant at KPMG.

Chief Risk Officer

Tim Snow

Tim joined Alliance Finance Bank as Chief Risk Officer in April 2017 from Moody’s Investors Service where he was a senior lead analyst in the leveraged finance team.

Tim has broad experience in a wide range of functional areas, with an emphasis on credit risk management, gained with institutions including CIT Bank Limited, WestLB, Intesa SanPaolo Group and National Westminster Bank.

Director of IT

Darrin Brent

Darrin, the Bank’s IT Director, joined in July 2016 having held a variety of senior positions at Barclays, BNP Paribas and Macquarie Bank. With over 20 years of experience in infrastructure, virtualisation, banking platforms, storage, cloud solutions and cyber security, he is passionate about technology and successfully drives the Bank’s technology strategy through innovation and change.

Head of Treasury

Paul Welham

Paul joined the Bank in September 2017 as Treasurer. He brings 29 years of trading room experience covering a wide range of roles and products. He enjoyed 17 years with Den Norske Bank London Branch, rising from trainee to head of treasury before moving to DBB London Branch to head the trading unit. In 2011 he set up the dealing room function for new entrant Diamond Bank UK, running the unit for 6 years. He has developed the Treasury function at Alliance Finance Bank which now boasts a strong team.

Managing Director, Working Capital Solutions

David Locking

David is a senior banker with nearly 40 years’ experience gained, including in multiproduct and client coverage roles, at a number of global financial institutions where has both built and led businesses and teams including during periods of significant change.

David has a broad international background drawn from UK, continental European, US, African and Asian organisations.

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