Latest News from Hodge Bank

26th October 2018

New CEO appointment at Hodge

We have appointed Steve Pateman to the role of Chief Executive Officer. Subject to regulatory approval, Steve will join Hodge in early 2019 taking over from retiring Managing Director David Austin.

Steve was previously CEO of Shawbrook Bank, where he led the company for almost 3 years. During this time it continued to achieve strong double-digit growth in balance sheet and revenues culminating in the ‘take private’ transaction with Pollen Street Capital and BC Partners.

Prior to his role at Shawbrook, Steve led the U.K. banking businesses of Santander and was responsible for building out Santander’s business and corporate banking activities. Before joining Santander, he had a number of senior management roles at Royal Bank of Scotland across its Corporate and Retail Banking Divisions.

Steve recently joined Bank of Ireland as a Non-Executive Director; he is Vice President of the Chartered Banker Institute and a member of Council. He also chairs the Advisory Board of Arora Hotels.

Commenting on his appointment, Steve said “I am delighted to be joining Hodge as it seeks to build on the strong foundations it has already laid in its retail and commercial banking and life assurance businesses. It has a unique ownership structure and ethos that is hugely attractive in terms of creating a sustainable business that then seeks to support those in the communities in which it operates. As a newcomer to the business, I am looking forward to learning more and to working with the team that has taken the group this far on its journey”.

As previously announced, David Austin is retiring from the group after a very successful 28-year tenure, first as Finance Director and for the last 20 years as Managing Director. On his pending retirement David said “The past 28 years at Hodge have been very rewarding and I’m looking forward to my retirement. Before that, I’ll be working closely withSteve to ensure a smooth transition in the New Year.”

Adrian Piper, Chairman of Hodge said “On behalf of the Board I extend our thanks and appreciation to David for his outstanding commitment and leadership over almost three decades. We wish him well in his upcoming retirement. We’re delighted to welcome Steve to Hodge and the Board is very much look forward to working with him.”

26th February 2018

David Austin to retire as Managing Director of Hodge

Cardiff-based Hodge, the group of companies which includes Hodge Bank and Hodge Lifetime, has announced that David Austin is to retire from the group. The exact date of David’s retirement will depend upon the timing of the appointment of his successor and the wish to ensure that a smooth handover can take place.

David has been a great ambassador for Hodge for the best part of 28 years, first as Finance Director, and for the last 20 years as Managing Director. In that time Hodge has grown significantly, increasing its assets from £70m in 1990 to £1,846 million today.

Commenting on his retirement, David Austin said:

“The past 27 years at Hodge have been immensely rewarding. I’m delighted to say Hodge is stronger than ever and I’m proud that the business supports thousands of customers every day across various businesses. Through the work of the Hodge Foundation, the impact of Hodge’s success has been shared with many charities supporting a variety of causes. I’m confident Hodge will continue to flourish and I will be working with the Board to ensure a smooth handover to my successor”.

Adrian Piper, Chairman of Hodge said:

“Working alongside David as Managing Director has been a privilege. His experience and knowledge of the group has been invaluable to me personally, and to the Board. David is widely respected across the organisation and has been instrumental in building Hodge to be the strong and successful business it is today. We wish David well in his upcoming retirement, but will continue to benefit from his leadership until his successor is appointed and handover complete.”

The Board has engaged Odgers Berndtson to support the search for a new CEO. Whilst the search is ongoing, it is business as usual for Hodge, continuing to offer great products and services  to both existing and new customers across its key markets of commercial lending, lending into retirement and savings.

22nd November 2017

Hodge sponsors Snowdogs Tails in Wales – Farewell Weekend

Cardiff-based Hodge is sponsoring the Snowdogs Farewell Weekend. Snowdogs, Tails in Wales has been the biggest and most exciting public art event ever seen in Wales, brightening up the capital city and beyond and has brought visitors from far and wide into the streets of Cardiff and the Vale throughout the Autumn.

The event was organised by public art producers Wild in Art and Penguin Ventures and is inspired by THE SNOWMAN™ AND THE SNOWDOG, the animated sequel to Raymond Briggs’ iconic picture book and film THE SNOWMAN™.

The Farewell Weekend is the chance to say goodbye to the 43 super Snowdogs and 57 loveable pups. They’re being gathered together before being auctioned to raise funds for Ty Hafan. As well as being the last chance to see the 100 Snowdogs together, the event will feature children’s entertainment and crafts, and a limited edition Snowdogs souvenir guide and gifts will be available.

Hodge is delighted to contribute to the campaign, and support Ty Hafan raising money for children with life-limiting conditions. David Austin, Managing Director says ‘We’re a proud Welsh business based in the heart of Cardiff. Anthem and Pop Pup are on our doorstep, and with the other Snowdogs around the city they’ve created a real buzz. Doing the right thing is important to us as a business and we’re thrilled to be associated with the Farewell Weekend’.

Sara Webber, Associate Director, Events, Gifts, Brand and Media at Tŷ Hafan, said: “We’re so grateful for Hodge’s generous sponsorship of our Farewell Weekend, where Snowdog fans will get the chance to see all our colourful canines together under one roof for the last time before they are sold to raise vital funds for Tŷ Hafan.”

The event takes place from 8th-10th December in the Capitol Centre, Queen Street, Cardiff, and all profits from the Farewell Event will support the work of Ty Hafan, the hospice for children in Wales.