Allica Bank appoints head of asset finance
SME lender, Allica Bank, has appointed Richard Cameron as head of asset finance.
"Our asset finance proposition, once launched, will work alongside Allica Bank’s existing proposition to small and medium businesses"
Richard joined Allica Bank from RBS, where he was head of asset finance products. Richard brings with him nearly 30 years’ experience in the financial services industry. Before RBS, he worked for Lombard, NatWest and Lloyds Banking Group.
Richard Cameron said: “Joining Allica Bank has provided a fantastic opportunity to help continue building a bank that values both local relationships and leveraging modern technology in order to be ultra-responsive to the needs of its customers. Our asset finance proposition, once launched, will work alongside Allica Bank’s existing proposition to small and medium businesses to expand our offering of expert banking for business Britain.
“We’re fortunate not to be confined by decades-old computer systems or lengthy product specifications. Real-time data feeds, paperless technology and the use of Open Banking will be central to Allica Bank’s service quality and allow us to deliver the tailored expertise, speed and simplicity that smaller businesses and brokers both ask for.”
Mark Stephens, CEO of Allica Bank added: “At Allica Bank, our core values are focused on being straightforward, acting with integrity and working collaboratively.
“In Richard, we are confident we have someone leading the development of our asset finance proposition who embodies these values, and who will work tirelessly to ensure that they are at the core of what we deliver to our customers and brokers.”.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Blogs
Mark Eaton: Is 2026 the year brokers die out?
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Vida
Vida launches high LTV 'Pathway' mortgage range
Melton Building Society
Melton BS launches 100% LTV mortgageÂ