Bibby Financial Services appointed Phil Tobin as managing director of Trade and International, as the business looks to expand its focus on export and trade finance in 2017.

With 24 years in the invoice finance sector, Tobin was head of Operations for BFS’s Construction Finance team. Prior to joining BFS, Tobin held a variety of roles at Lloyds Bank Commercial Finance, including senior client manager and area director.

“There is a lot of uncertainty for UK SMEs in the current climate following the vote to leave the EU. I’m delighted with this new opportunity and look forward to continuing to help our clients navigate through Brexit and enter overseas markets,” Tobin said.

“The ability to combine trade and export finance with language support and foreign exchange services in this way is something other non-bank funders are simply unable to do. This provides us with a real advantage over other providers in the market.”
David Postings, Bibby’s global chief executive, said.