MIKE Olding, a well-known face in the Suffolk corporate banking scene for many years, has returned to the UK after a two year spell in Europe in order to set up a brand new office for the Swedish bank, Handelsbanken.

Mr Olding, who has spent the last two years working in Denmark and Belgium, said: “To come back to Suffolk and set up a new team from scratch is very exciting and with the customer at the forefront of everything that Handelsbanken is about, this is a great opportunity for all concerned.

“Handelsbanken has very traditional values and with this very much in mind, I am looking forward to being able to help service the Suffolk community again”

The branch will be situated in Ipswich, with the exact location to be decided upon shortly. Both corporate and private banking services will be offered to clients once the branch is operational and further details will be announced as developments progress over the coming weeks.