Recognise Bank has confirmed that outgoing Chief Executive Officer (CEO), Jean Murphy, will leave the business on 31st December 2024.
Jean joined Recognise Bank as CEO in August 2022 and has led the Bank through a period of considerable change. Under her leadership, the Bank has achieved a number of significant milestones including de-listing from the Alternative Investment Market (AIM), surpassing £300 million in lending and attracting £450 million in savings, and winning numerous industry awards.
As Jean steps down from her role, the Bank has welcomed Simon Bateman as CEO (subject to regulatory approval). Simon brings over 30 years of experience in the financial services industry and will lead the Bank as it embarks on the next phase of its evolution, following its recently announced £25m capital raise.
Recognise Bank’s Chairman, Steve Pateman, commented, “Under Jean’s leadership, the Bank has made progress on many fronts and laid strong foundations for the next chapter in its evolution. We are grateful to Jean for her leadership and wish her well for the future. We are excited to embark on this new chapter under Simon’s dynamic leadership and wish him luck in his new role as CEO.”
Jean Murphy commented, “It has been a privilege to lead Recognise Bank and I am proud of what we have accomplished together as a team during my tenure. I am confident in the Bank’s continued success under Simon’s leadership and will watch its progress with great pride.”
