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Redwood Bank hires Pallis as BDM for Scotland
Redwood Bank has appointed Chris Pallis as its business development manager (BDM) for Scotland as it continues to expand its reach in the country.
Pallis brings 17 years of experience in the financial sector to the role at Redwood Bank, including a year-and-a-half spent at Ortus Secured Finance in a similar position.
He has also worked as a mortgage adviser at Mortgage Advice Bureau (MAB) and Edinburgh Mortgage Advice, and has held managerial positions at Barclays, Santander, Skipton Building Society and Lloyds Banking Group.
Pallis will use his existing network in Scotland to grow Redwood Bank’s business, as the lender said the country was a “strong area” for houses in multiple occupation (HMOs).
Pallis (pictured) said: “I was attracted to Redwood by its lending model, which really fits the Scottish market very well indeed.
“I also really liked the people-focused attitude of the business, where the decisions are made by colleagues rather than by algorithms. That fits exactly with my way of operating. And I was impressed by the way Redwood goes the extra mile to find solutions for businesses and landlords.”
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He added: “My favourite part of the job is speaking to people; I spend a lot of my time driving around Scotland meeting brokers – it’s always good to get to know someone more personally.
“This can really make a difference for anyone looking to expand their Scottish property portfolio. As every application is viewed by one of our team, we can make a common-sense decision, instead of relying on what a computer says.”
Gary Wilkinson, CEO and co-founder of Redwood Bank, said: “We’re thrilled to welcome Chris, who will be vital as we continue our work to step up our operations in Scotland. His contacts and infectious enthusiasm will be massive positives for our team.
“His emphasis on getting out there and building relationships with people really chimes with our customer-centric model – real people helping real businesses. That’s what we’re all about and we’re delighted to have added such a great fit for Redwood.”
Redwood Bank revealed its profit before tax doubled to £5.5m in 2023, marking the lender’s third year in the black.