Related topic: Secure Trust Bank

The division will focus on providing funding solutions to established specialist lenders.

STB’s product portfolio now includes land bank and development exit loans for residential and mixed-use properties. 

Russell has held previous roles at Lloyds Banking Group and Cynergy Bank.

Secure Trust says the move is aimed at increasing its prominence as a development finance lender.

Carl joins the Bank from Lloyds Development Capital and brings over two decades of corporate finance and restructuring experience to the role.