Reliance Bank partners with Odgers Berndtson to enhance its leadership team to achieve new chapter of growth.
Reliance Bank, the distinctive specialist bank delivering positive societal outcomes aligned to the mission of The Salvation Army, is enhancing its executive leadership team to deliver its new chapter of growth.
Helping good people do great things with money.
Reliance Bank has been at the forefront of social impact banking since 1890, when we were formed as the bank for The Salvation Army. Reliance Bank are proud of its shareholder The Salvation Army International, whose mission it is to help people whose lives have been affected by emergencies, disasters, poverty and social inequality.
Power to change lives for the better.
Reliance Bank has supported charities and businesses for over 133 years, so we have a genuine understanding of the needs of SMEs and those emerging from the third sector. That’s why we prioritise business lending to organisations that deliver positive social impact in the UK, and we empower them to grow. We help key workers own a home through our Key Worker mortgage range. And we are proud to support the UK Government’s Shared Ownership Mortgage scheme through our Shared Ownership Mortgage product range.
The Bank is working with global executive search and leadership advisory specialists, Odgers Berndtson, who are implementing a new mindsets leadership methodology.
Working individually and collectively with the executive leadership team, Odgers Berndtson’s leadership team philosophy aligns personal goals and values with the organisation’s mission. The approach strengthens connections with organisational objectives, enhancing the leadership team’s ability to execute new strategies and achieve growth.
Paul Croucher, CEO for Reliance Bank, said: “Our decision to join in a partnership with Odgers Berndtson specifically demonstrates one of our core values: Partnership – building strong relationships with The Salvation Army, our customers, suppliers and each other.
We are at the point of commencing a new 5-year strategic plan with our unique culture at the centre of its key success factors. We are driving a specialist approach to social impact banking alongside an ambitious programme of digital transformation. The way that our leaders align and inspire our people will make the difference to ensure the plan is successful. Odgers Berndtson are helping to equip us on this journey by re setting our values, behaviours and developing a methodology that will ensure we are successful.”
Andrew Rodgers, Principal in Odgers Berndtson’s leadership practice, said: “Our new mindsets approach removes obstacles to growth, we create tangible actions and ensure leaders have the power of belief to fulfil the organisation’s vision and strategic objectives. By cultivating a team mindset aligned to Reliance Bank’s value system, our approach equips and energises leaders with the ability to unlock new ambitious growth. Unification around the new growth vision realises a greater level of team collaboration and performance uplift. We are proud to be working with Reliance Bank.”
Reliance Bank are proud to recognise our positive social impact.
Giving Money Meaning
Money deposited in Savings and Business and Charity Current Accounts with Reliance Bank are used to provide funding to important impact sectors including community, education, faith, healthcare and social housing.
Our Social Impact Report demonstrates that Reliance Bank aligns its lending practices to the United Nations’ Sustainable Development Goals – a global framework for achieving a better and more sustainable future.
Reliance Bank’s funding has helped:
• 2,050 people with community centres and facilities
• Reduced poverty for 545 people
• 433 people receive personal learning and development opportunities.
• 150 people with their day care needs.
• Reduced hunger for 80 people
• Created and protected 76 jobs.
• 18 people benefit from receiving apprenticeships, training or internships.
Reliance Bank Limited. All rights reserved. Registered in England. Registration no. 68835. Reliance Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Financial Services Register number 204537. Reliance Bank Limited, Faith House, 23 – 24 Lovat Lane, London EC3R 8EB. Telephone: 0207 398 5400.