You are here: Home - News -

Hampshire Trust Bank CEO announces retirement three months after taking over commercial role

by:
  • 14/11/2017
  • 0
Hampshire Trust Bank CEO announces retirement three months after taking over commercial role
Hampshire Trust Bank chief executive officer Mark Sismey-Durrant has announced he will retire once a successor has been found.

Sismey-Durrant’s announcement comes just three months after he also took over control of the lender’s commercial mortgages operation following former managing director Colin Bell’s unexpected departure.

He has spent more than forty years in the financial services industry and joined Hampshire Trust Bank in 2012.

Hampshire Trust Bank chairman Robert Sharpe confirmed the lender had already begun to search for a successor to Sismey-Durrant.

“In the meantime Mark will remain as chief executive officer and said continue to work with the board and management team to grow the business,” said Sharpe.

“Having recently reached the fortieth anniversary of his career in banking he has decided that the time is right for him to retire from full time executive roles.

“Mark has made a tremendous contribution to Hampshire Trust Bank through its acquisition, its move to London and the implementation of its strategy. Under his leadership the Bank has focused on serving its customers and generated good returns for its shareholders,” he added.

 

Many changes

Sismey-Durrant (pictured) said he was “immensely proud” of what the business had achieved for its customers, employees and shareholders.

“During my banking career I have seen many changes affecting our markets – how we do business and the importance of serving our customers,” he said.

“Looking forward, it will be no different. When my successor is appointed and I close my career as an executive banker, they will find a strong, well established customer focused business managed by a great team and set fair for the next exciting stage in its growth and development.

“In the meantime, I will work with continued commitment to progress the delivery of our current plans for Hampshire Trust Bank,” he added.

There are 0 Comment(s)

You may also be interested in

Bridging

Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.

Commercial

Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions
Read previous post:
/IMG/765/224765/houses544.png
House prices jump but London growth lags the pack – ONS

House prices jumped by an average £11,000 in the year to September with annual growth at 5.4%, official statistics revealed.

Close