Redwood Bank appoints Chief Financial Officer

Ashraf Piranie has joined specialist business lender Redwood Bank as Chief Financial Officer (CFO)

Piranie brings with him more than 25 years of financial services experience.  Piranie has an enviable track record that includes retail and commercial banking. He has worked in a number of different areas, including strategy, operations, customer service, change management, IT, risk, finance and treasury. He has also led and delivered long-term wholesale funding programmes and capital raising initiatives. 

Over the years he has worked in various roles for Alliance and Leicester; as finance director and joint Managing Director with Islamic Bank of Britain; deputy CEO and Finance Director with Nottingham Building Society; and most recently as Group Finance and Operations Virector with West Bromwich Building Society. Piranie was also deputy chairman and member of the Bank of England’s Prudential Regulation Committee (PRA) Practitioner Panel for six years.  

He is also a Fellow of the Association of Chartered Certified Accountants.

Gary Wilkinson, co-founder and CEO, said “As the Bank continues to grow, Ashraf will help us to deliver on our commitments to our customers. He understands our business model and I know he will make an invaluable contribution to helping us achieve success.”