Lloyds Bank strengthens asset finance team

Robert, 43, has more than 20 years’ experience working in finance, most recently at Société Générale, where he was Managing Director of Structured Finance for Emerging Markets, based in Paris.

Robert qualified as an accountant at BDO and subsequently worked at financial institutions including NatWest.

Robert has taken the post of Director of the Corporate Asset Finance team, which assists corporates to undertake major investments in high value capital assets.

His appointment strengthens the team’s ability with his experience at working in other major financial centres, including New York and Paris, at a time when he believes demand for asset finance is set to increase even further as the economic recovery and business confidence improves.

He said:

“This is a very exciting time to join the Corporate Asset Finance team at Lloyds. After several years of deferred capital expenditure when a lot of companies have shied away from investing in their assets, in order to meet the increasing demand for their goods and services, companies are now more confident in the making substantial investments.

“For the recovery to be sustained, financing of these capital investment in key growth assets by firms is essential and Lloyds is ideally placed to support their aspirations by providing bespoke financing solutions for them.”

Patrick Sherrington, head of Corporate Asset Finance at Lloyds Bank Commercial Finance added:

“We support businesses making very significant investments by understanding their individual business needs and providing the best source of finance to fit.

“To do that, we need people with the in-depth expertise both in the equipment our clients are investing in, and the finance solutions that best match their needs.

“It is great to be able to welcome Robert to the team at a time when there is so much potential to support UK businesses which are growing and creating new jobs.”