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Close Brothers Asset Finance strengthens team with divisional Commercial Director

We have appointed Richard Cameron to the position of Commercial Director for our Specialist Asset Finance division to help drive the team’s ambitious growth plans.

Richard is well known in the Asset Finance industry, having spent over 30 years in the financial services sector. In his former role he was Head of Asset Finance at Allica Bank, responsible for the investment case, build and successful launch of a fully integrated and compliant Asset Finance proposition.

He also spent 15 years at Lombard, with roles including Head of Green and Wholesale, Sales Director, Regional Director for Corporate and latterly, Head of Asset Finance Products.

Richard said: “I’m delighted to be joining the Specialist Asset Finance division, where my focus will be on further improving our already outstanding customer service along with risk management and driving sustainable value.

“The team is extremely talented and passionate, covering a wide range of lending capability, from professions, broker and vendor specialist teams to wholesale finance and energy.

“This unrivalled market leading expertise unlocks significant opportunity as the economy continues to recover from the pandemic. Our flexibility on funding structures and the ability to look through ‘just the numbers’ when assessing credit risk really sets us apart.

“The next few years promise to be exciting ones and I’m genuinely looking forward to the Specialist Asset Finance division playing a key role in the Bank’s continued growth and success.”

Martin Stanley, CEO, Specialist Asset Finance, added: “Bringing someone of Richard’s calibre on board is a significant appointment and sends a strong message about our continued commitment to providing our customers with the best possible levels of service, regardless of where we find ourselves in the economic cycle. 

“We are one of the fastest-growing asset funders in the UK and Richard joins at an exciting time for the business; I’m really looking forward to seeing him utilise his significant experience in the coming months and years as we look to help the UK’s businesses continue to grow and thrive.”