The Shawbrook Board also intend to elect Paul as Chairman of the Board Risk Committee and as a member of the Board Audit Committee.
Paul Lawrence was formerly Global Head of Group Internal Audit for HSBC. During a 31 year career with the bank, Paul was CEO of HSBC Bank, North America, Head of Global Banking & Markets USA, CEO of HSBC Singapore, and CEO of HSBC Philippines.
Iain Cornish, Chairman, commented:
"Paul brings over 30 years' commercial and operational experience in banking and will be a valuable addition to the Board of Shawbrook. I look forward to working with him and to his contribution to the continued success of the Group."