BANK of Scotland has hired a former senior director at a rival to head up its small and medium enterprise banking operation in Glasgow and the west of the Scotland.
Scott McKerracher had spent three decades in the financial services sector with Clydesdale Bank having joined it straight from school.
After learning his trade in the retail side of the business Mr McKerracher had stints in business and corporate banking.
In 2002 he was appointed as the head of commercial banking in Glasgow.
He then became managing partner of the bank’s financial solutions centre in the city before moving on to regional director roles around Scotland.
Most recently he was regional director for the east of Scotland for Clydesdale overseeing functions such as corporate and acquisition finance as well as commercial, small business and private banking.
On top of that he also had responsibility for commercial banking across the UK and managing the national industry sector team run by the bank.
Now he has joined Bank of Scotland with a remit to “develop and grow” its SME business in the west of the country which typically deals with companies with revenue of between £1 million and £25m.
He said: “The role also puts me much closer to customers and the professional [services] market. Really getting out and helping businesses in and around Glasgow and the west of Scotland which are looking to grow.”
Mr McKerracher believes confidence levels across the Scottish business scene are improving.
He said: “There is a lot of businesses that have capital expenditure plans or have working capital needs as their business is growing. There are more businesses out there doing things.”
Graham Blair, area director of SME Banking for Scotland, said: “With three decades experience working with Scotland’s business community, the past eight years of which has been dedicated to supporting the country’s small and medium sized firms, Scott brings considerable knowledge and expertise to our business.”
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here