Redwood Bank has appointed Simon Goodyear as chief information and technology officer (CITO) as it reinforces its strategic focus on technology, data excellence and operational efficiency.
Goodyear brings a wealth of experience in financial services technology, having held senior leadership roles in lending and finance sectors.
At JBR Capital, he led technology initiatives and played a central role in preparing the organisation for a successful sale.
Now, as he joins Redwood Bank, he said he is focused on transformation, growth and creating a more agile and automated operating model.
Goodyear added: “Joining Redwood is both a professional challenge and a personal opportunity. The culture here is genuinely collaborative and driven, and that’s what drew me in.
“My aim is to help Redwood enhance what it already does so well – particularly its customer-centric, manual underwriting approach – while using technology to remove friction, streamline processes and unlock valuable insights through data.”
He continued: “Technology should enable people to focus on where they can add the most value.
“By eliminating low-value manual tasks and improving access to high-quality data, we can empower our teams to make even better decisions – and serve our customers even more effectively.”
Simon will also lead a comprehensive review of Redwood’s data strategy, internal IT capabilities, cybersecurity infrastructure and use of artificial intelligence (AI).
Gary Wilkinson, CEO and co-founder of Redwood Bank, said: “Simon brings a rare blend of technical expertise, strategic thinking and a people-first mindset.
“As Redwood continues to grow, it’s critical we have the right leadership in place to modernise our infrastructure while staying true to our identity. I’m delighted to welcome him to the team.”