Propel Finance appoints head of credit to underpin growth plans

Andy will be responsible for leading Propel’s business-wide credit activities, including underwriting, portfolio management and risk distribution.

Andy has over three decades of experience in credit and broader risk management gained at top-tier names in commercial banking and asset finance. Andy was one of four founders to successfully launch Investec Asset Finance in 2006. Andy spent a decade as head of credit at Investec, and most recently had responsibility for reviewing the Bank’s entire operational risk framework.

Mark Catton, CEO at Propel, said: “I'm delighted to welcome Andy Higgins to the Propel team as head of credit as we enter the next exciting chapter of our growth. He brings a wealth of experience in building and leading outstanding credit teams, as well as being able to contribute to our wider business priorities. Andy has a huge affinity with asset finance and our various customer channels, as demonstrated throughout his career. This is a key leadership role within our business and his experience will be invaluable as we continue on our rapid growth trajectory.”

Andy Higgins added: "I am thrilled to be joining the Propel team. Against a backdrop of challenging market conditions, the fact that Propel continues to strengthen its asset finance offering and capabilities is testament to the firm's expertise, exemplary customer service and cutting-edge technology. I look forward to applying my experience to continue to develop robust commercial credit and risk management controls as a platform for governance and growth.”