Brown Shipley appoints Richard Stubbs head of lending

Stubbs will be responsible for driving forward the general lending services offered by Brown Shipley that include bridging loans and residential buy-to-let.

Prior to Brown Shipley, Stubbs was an executive director at Coutts and his most recent role saw him leading a team that managed the Bank’s ultra high net worth clients. He will be supported by a wider team of five lending specialists across Brown Shipley’s six offices, providing both secured and unsecured loans.

Guy Healey, head of private banking at Brown Shipley, said: “We have ambitious growth targets for building our lending book, so I’m pleased to have someone of Richard’s calibre join our team. Moreover, lending is a core part of our overall wealth management offering and deepens our ability to support clients across the full spectrum of their wealth management needs.”

Stubbs added: “There is a real opportunity for Brown Shipley to further expand its lending services to existing and prospective clients and I will be working hard with my team to deliver this. With a tailored approach based on human decision-making and flexibility, Brown Shipley’s lending solutions are suitable for a range of client needs.”

Brown Shipley is owned by Luxembourg-based KBL European Private Bankers and has offices in London, Manchester, Birmingham, Leeds, Edinburgh and Nottingham. Clients looking for a loan need to have £500,000 invested with the firm.