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Our Mr Brown Brings New Bank to Cambridge
NW Brown Group's founder and former chairman, Nigel Brown OBE, has this week confirmed his efforts and those of a dedicated, forward thinking team of local professionals have paid off in the form of the start of The Cambridge Commercial Lending Company.
NW Brown Group's founder and former chairman, Nigel Brown OBE, has this week confirmed his efforts and those of a dedicated, forward thinking team of local professionals have paid off in the form of the start of The Cambridge Commercial Lending Company.
While news that Nigel has successfully gathered together the £50million starting balance and the Company is in the final stages of acquiring FSA approval will cause many local entrepreneurs and businessmen to heave a sigh of relief he admits that that for him and the new Company's management team now is when 'the fun really does start'.
As well as being chaired by Nigel, The Cambridge Commercial Lending Company's Board boasts an exciting line-up of prominent local and/or financial professionals including Director of St John's Innovation Centre, David Gill; the current Bursar of Trinity Hall (and former banker), Paul ffolkes-Davis; and Peregrine Banbury, who joins as Chief Executive. Peregrine is a former Head of Private Banking for Coutts.
NW Brown Group wishes Nigel the very best with this endeavour. The Group has wholeheartedly supported Nigel's efforts to bring back a business focussed on the traditional values of good old fashioned banking and we will be watching closely as the Cambridge Commercial Lending Company takes its first steps into the business world.
As soon as there is more information on how to contact The Cambridge Commercial Lending Company we will publish it here.
Feature Created: 2010-02-04
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