Specialist lender Cambridge & Counties Bank has appointed Patrick Newberry as its new Chairman. He replaces Simon Moore, who retired from the Bank after serving 10 years as a Board member.
Patrick joined Cambridge & Counties Bank as Non-Executive Director in June 2021, taking responsibility as Chair of Audit from September 2021.
His executive career spans over 30 years with PwC, where his primary focus was on strategy, performance improvement as well as all things regulatory within the financial services and insurance sectors. During this time, he was the lead in major transformational programmes and worked with large financial institutions to set strategy and transform performance.
Over the last nine years, Patrick has spent his time as non-executive director and freelance consultant for a number of financial and non-financial services organisations.
He is currently on the Board as Chair of the Audit and Risk Committee at Brunel Pensions Partnership, is a Commissioner of Historic England and Chair of its Audit and Risk Committee. He is also Chair of the Cornwall College Group.
Cambridge & Counties Bank announced in June this year that total lending had topped £1 billion for the first time. Originally focused on the East Midlands region, the Leicester-headquartered bank has seen staff numbers increase to more than 200 over the past decade, with presence across the UK.
Patrick Newberry, Chairman at Cambridge & Counties Bank said:
“I’m honoured to be taking on the role of Chairman at a time when Cambridge & Counties Bank is continuing to expand its presence across the UK and building on its strong growth momentum. The bank’s tailored approach and deep relationships with clients and brokers allows it to offer a differentiated service and we have seen continued demand across 2022.”