Specialist lender Cambridge & Counties Bank has appointed Mike Hudson as Chief Risk Officer (CRO). Mike, who replaces interim CRO Andrew Shiels, will report to CEO Mike Kirsopp.
Before joining Cambridge & Counties Bank, Mike was the CRO for private banking and wealth management firm Brown Shipley & Co Ltd, responsible for regulatory, credit, operational and financial risk along with AML and legal oversight. With over 35 years’ experience in financial services working across all the risk categories, Mike has spent the majority of his career within the banking and lending environment having worked in a senior capacity for a number of banks.
At Cambridge & Counties Bank, Mike is responsible for the management and oversight of the bank’s risk and control framework, which includes helping the bank meet its regulatory obligations.
Mike Hudson, Chief Risk Officer, Cambridge & Counties Bank, said:
“I’m absolutely delighted to be joining Cambridge & Counties Bank. The institution is highly respected in the banking sector, among clients and a host of other stakeholders, and I look forward to building on, and supporting, the great momentum it has in its markets.”
Mike Kirsopp, CEO, Cambridge & Counties Bank, said:
“We are delighted to welcome someone of Mike’s calibre and experience to the leadership team. It is vital that all financial institutions have in place the very best risk processes and personnel and Mike, who is passionate about ensuring the risk management team provide the appropriate support to the bank, is a great addition to the business.”