Redwood said it saw the South West as being a “strong area for growth”.
Bowering has more than 16 years’ experience working within the banking and finance industry and in his last role was BDM for Barclays Bank in the South West and South Wales.
He spent nine years as a relationship manager helping SMEs fulfil their ambitions in Dorset and Wiltshire before taking on the broker facing-role, Redwood said.
Redwood CEO and co-founder Gary Wilkinson said he was a welcome addition to the team.
“Rob has a wealth of experience in supporting funding for a wide variety of clients including SME and corporate businesses, as well as property investors and developers,” Wilkinson said.
“Rob stood out to us over the course of the interview process as being talented, committed and dynamic, and we’re looking forward to him making his mark as a Redwood BDM, as we develop into the South West”
Bowering added that he was delighted to join the lender.
“I am looking forward to widening my already strong network and forging new relationships, as I strive to help grow Redwood Bank,” he said.
Redwood signs Women in Finance Charter
Redwood Bank has also announced its signature of the Women in Finance Charter and committing to having at least 30 per cent women in senior roles by the end of September 2021.
Firms signing up to the HM Treasury administered charter are required to show a commitment to implementing four key industry actions, including supporting the progression of women into senior roles in the financial services and showing how they have linked executive variable pay to their gender diversity targets.
Organisations must pledge to promote gender diversity by having one member of the senior executive team responsible for gender diversity and inclusion.
And they must also set internal targets for gender diversity in senior management and publish annual reports online, showing their progress against these targets.
Redwood Bank head of human resources Tracey Lester said the lender would be introducing further initiatives to help it reach the 30 per cent target.
“In signing the charter, we endorse the aspiration to achieve a gender balance and diverse workforce across the bank, as this is an integral part of our culture, values, behaviours and the way we do business,” Lester said.
“The bank has already begun this journey by creating a culture of inclusion, development programmes and coaching for all critical positions, to ensure a continuity of leadership, and by documenting behaviours that support our values, which are assessed along with objectives in equal measures.
“We have implemented strategies for increasing inclusiveness through employee participation and resource groups and we encourage flexible working arrangements that support both male and female employees.
“Our mentoring and emerging talent programmes provide a sound and fair working environment, where staff can grow and develop, while we have policies and practices in place to address unconscious bias in the workplace, including in recruitment and selection,” she added.