Specialist lender Cambridge & Counties Bank has made four new appointments to its asset finance team. Each of the new hires will be based in the bank’s new Reading office, which has been opened to primarily cater for asset finance clients.
Matthew McDermott has joined as head of credit – asset finance flow, a new business line the bank set up to provide dedicated finance solutions for lending values of up to £150,000. McDermott joins from Kion Financial Services, where he was head of credit for the UK captive business. He holds over 20 years of experience in asset finance, having worked at organizations including Lombard, Aldermore, Metro Bank and Wesleyan.
“Asset finance continues to grow in importance to many UK businesses during these uncertain times, we continue to invest in our own team and market proposition to meet this strong demand servicing our valued business partners and customers,” Glen Christie-MacAllan, head of asset finance at Cambridge & Counties Bank, said. “These fantastic new appointments, alongside the opening of our new office in Reading and the roll out of our new flow business line, underscore the bank’s deep commitment to the asset finance market, our brokers and our customers.”
Tamsin Emery joins as business development manager, with over 20 years of asset finance industry experience. Julian Niven Reed joins as asset finance transformation lead, having previously worked at Walbrooke Asset Finance as senior relationship manager. Renny Aspill also joins the team as asset finance lending officer, bringing a strong background in customer service.
The team’s expansion coincides with the opening of Cambridge & Counties Bank’s new office in Reading.
