Shawbrook Bank has announced it has appointed John Eastgate as its Managing Director (MD) for its commercial mortgage business.

Eastgate will join the specialist lender in the summer. He is currently Sales and Marketing Director at One Savings Bank and has been at the lender for more than six years. He will bring nearly 30 years’ experience in financial services having also held senior positions at Saffron Building Society and Experian.

Shawbrook chief executive officer Ian Cowie said: “Securing John’s appointment is a fantastic way to kick off the year and I’m delighted that we will be welcoming him to the commercial mortgages business in June. His knowledge and expertise across this space will be invaluable in helping us continue our growth across the commercial property market.”