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Silicon Valley Bank UK Strengthens Technology Banking Team with New Appointment

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Silicon Valley Bank, financial partner to the technology, life science, private equity and venture capital industries today announced the appointment of Tom Butterworth as Vice President, Entrepreneur Commercial Banking for Silicon Valley Bank's UK Branch.

Tom has a strong background in banking technology businesses, having most recently worked at Natwest focusing on banking services and debt facilities for a portfolio of 70 technology and media businesses. Prior to that Tom managed a wide range of SMEs in his roles at RBS and RBS Drummond.

Over the course of his career, Tom has worked with many well-known London-based technology businesses, building a deep understanding of the high growth sector.

Commenting on his appointment, Tom said: "I'm excited about joining a bank that is truly focused on the growing tech sector in the UK. I'm looking forward to new challenges and working with the most innovative equity funders, businesses and entrepreneurs."

Erin Lockwood, Managing Director, Commercial Banking at Silicon Valley Bank's UK Branch said: "It is great to have Tom on board. His relevant experience means that he is a perfect fit for Silicon Valley Bank. As we expand in the UK and cement our position as the leading bank in the technology sector, Tom will undoubtedly prove to be a valuable addition to our growing team."

About Silicon Valley Bank

Silicon Valley Bank is the premier bank for technology, life sciences, cleantech, venture capital, private equity and premium wine businesses. Silicon Valley Bank and its affiliates within SVB Financial Group provide industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 28 US offices and seven international operations in China, India, Israel and the UK. http://www.svb.com/uk

Silicon Valley Bank is registered in England and Wales at 41 Lothbury, London, EC2R 7HF, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Financial Institutions and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

Contact:
Louise Travers
Silicon Valley Bank – UK Branch
+44 (0)20 7367 7877
ltravers@svb.com

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