By Claire West
Metro Bank, Britain's revolutionary UK retail and commercial bank, has appointed Jason Oakley as Managing Director of Commercial Banking. Jason will be responsible for growing Metro Bank as a trusted adviser and lender to Greater London’s small and medium-sized companies. He will report into Chief Executive Craig Donaldson.
Metro Bank launched on July 29, 2010 and since then has grown at a rapid rate ahead of plan. Jason joins at an important time for the bank, which in June raised capital of £126 million to fuel expansion to 200 stores by 2020. Metro Bank has over 110,000 business and personal accounts, and its successful engagement with London businesses means that business lending currently makes up over half of Metro Bank’s lending activity.