John Jenkins appointed CEO at Capital Bridging Finance
Short term funding specialist Capital Bridging Finance Limited has appointed John Jenkins as CEO.
Jenkins joins Capital Bridging after eight years as CEO of GE Capital. While at GE Capital, John successfully grew the business and unified five core businesses that covered multiple markets and sites. The unified culture and operating model he created meant the firm successfully weathered the financial crisis and under John’s leadership saw consistent business growth post crisis. Prior to GE Capital, John spent 17 years at Lloyds TSB, ending as Sales Director of the commercial finance business and a key member of its strategic management board.
Capital Bridging MD Keith Aldridge commented:
"This is a new position and with Capital Bridging continuing to grow, including the further funding provided by our secured lending property fund, having a CEO with John’s experience will be invaluable in leading the company. We have been putting together our growth plans for the second half of the year and John’s appointment is a further indication of our determination to be an increasing influence in the specialist short term funding markets."
Jenkins commented:
"I am excited about this new opportunity, both on the existing property lending side and also when considering other opportunities that are emerging in the sector, looking to see how we can expand the business into other specialist lending areas that we have seen banks moving away from."
Aldridge concluded:
"In the last 18 months we have increased our in-house resource fourfold and with this significant appointment we believe we are in a very strong position to capitalise on the opportunities that our strong distribution model is giving us. I will be working closely with John to develop the Capital Bridging proposition. His reputation will be a great asset to the business as we diversify and build on our own growing reputation for innovation and service."
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