Redwood Bank has promoted Rhia Botha to chief treasury officer and appointed her to its executive committee.
Botha (pictured) was previously director of treasury and ALM at the bank, having joined Redwood in 2017 as a financial accountant.
She was promoted to head of treasury and ALM in 2019 before becoming a divisional director in 2023.
Redwood said Botha had played a central role in building its treasury function, including establishing infrastructure and policies, securing access to the Bank of England’s Sterling Monetary Framework and supporting capital-raising activity.
Her appointment also increases the bank’s representation of women in senior management. Redwood is a signatory of the Women in Finance Charter and said women accounted for 39.4% of senior management roles at the end of August 2025.
Botha said: “I’m incredibly proud to take on this role and excited to continue supporting the Bank’s growth, while ensuring we remain resilient, forward-looking and focused on delivering for our customers.”
Outside Redwood, Botha is an executive director for St Albans Community Bank and volunteers as a mentor for the Hertfordshire Community Foundation Building Effectiveness Programme.
Gary Wilkinson, ceo and co-founder of Redwood Bank, said: “Rhia has made an exceptional contribution to Redwood’s journey. She combines deep technical expertise with strong leadership and a clear sense of purpose.
“Her appointment to chief treasury officer and to the Executive Committee is richly deserved and reflects the strong impact she continues to have across the bank.”
Sergio Cruz, chief financial officer at Redwood Bank, added: “Rhia has been instrumental in strengthening our financial position and building a Treasury function that underpins our growth. She brings clarity, resilience and strategic thinking to everything she does.”
