Recognise Bank appoints new Chief Commercial Officer

29th January 2025

Recognise Bank has announced it has appointed Caroline Luxmore as its new Chief Commercial Officer.

Luxmore will lead the Bank’s lending and savings teams with the aim of growing the Bank’s balance sheet by diversifying its offering to create a sustainable platform on which to grow the business.

Luxmore has over 25 years’ experience in the SME lending market, most recently as part of the executive team building Ashman Bank, having previously held senior positions at Aldermore and Yorkshire Bank.

Mark Bampton, current Chief Commercial Officer, will continue in role until the Bank’s March 2025 financial year end. Brampton has been a member of the founding executive team from the beginning, creating Recognise Bank, achieving the banking licence and implementing the Bank’s business plan. 

The appointment follows the company’s recent £25 million capital raise.

This latest capital injection takes the total raised by the Bank to over £120 million and will fuel the Bank’s continued growth and support for its customers, brokers and strategic partners with their real estate funding requirements.

Chief Executive Officer, Simon Bateman, said “I am delighted we have secured the services of someone of Caroline’s calibre and expertise as we embark on this exciting new chapter for the Bank. Mark played a pivotal role in the launch of Recognise Bank and has been influential in getting it to where it is today. On behalf of everyone at the Bank, I would like to thank Mark for his commitment over the past 7 years and wish him the best for the future.”