Investec strengthens asset finance division

Wesley will report to Mike Francis to help grow the Asset Finance business through increased levels of origination within the broker, direct and vendor channels.

Wesley has 20 years’ experience within the asset finance industry, most recently as Managing Director of Lombard Specialist Finance, where he was responsible for specialist businesses including the aviation, marine, strategic fleet and wholesale and vehicle stocking industries.

Prior to this, he worked at Barclays Asset and Sales Finance as Head of Big Ticket Leasing, Kredietfinance Corporation and Lombard Corporate finance.

Mike Francis, Head of Investec Asset Finance, said:

“Wesley’s appointment will help us to grow both our already very successful small-ticket broker business and our vendor business, based within our subsidiary Lease Direct Finance, one of the largest asset finance brokers in the UK.”

“We’re delighted with the team’s performance. To have achieved a fourfold increase in profits since 2010 and initiated £250 million of new business in the last 12 months during economic uncertainty is a great achievement.”