Bank to create 20 jobs in Leicester

Cambridge & Counties, the Leicester-headquartered bank, has said it plans to create another 20 jobs next year.

The news comes as the Bank says it has changed its registered office to New Walk in Leicester.

Mike Kirsopp, chief executive officer, said: “Leicester has been home for the Bank since its launch in 2012 and making New Walk our registered office underlines how we are banking on a long-term future in the city.

“We’ve grown from 12 people to over 120 since 2012 – with almost a hundred in Leicester. The Bank has found a deep pool of talent here, at all levels and for all departments.

“We’ve become embedded in the business life of Leicester and engaged enthusiastically with a number of charities and organisations, including Leicestershire Cares, which enable our staff to put something back into the community. Leicester is our home, and this makes it official.”

Since its launch Cambridge & Counties’ registered office has been in Cambridge, reflecting its ownership structure of Trinity Hall, a College of the University of Cambridge and Cambridgeshire Local Government Pension Fund.

Since 2012 the Bank has passed several milestones, becoming profitable after 13 months, passing £600m in deposits and a loan book exceeding £500 million. In November it opened its 10,000th live savings account.

It is currently recruiting for new positions in several teams, and envisages headcount topping 140 by the end of 2017.

The Bank’s recently appointed new chairman Simon Moore said: “I’m delighted that Cambridge & Counties is officially now a Leicester company.

“Being in the city really works for us. There is a great pool of talented people. It’s the right place to be to get the people we need to grow and the East Midlands has proved to have a strong customer base for us.”