Aldermore, the two-year-old UK bank, has
appointed Alan Carter as head of wholesale finance within its asset
finance division.
Based in Reading, Carter will head a team
responsible for providing funding to SMEs via third parties in the
form of block discounting and also via agency and assignment
lending products.
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With more than 20 years experience in asset
finance, he joins Aldermore from BNP Paribas Fortis where he was
director of structured asset finance.
Prior to that, Carter worked for Lombard in
sales and technical risk roles.
Carter said: “I’m delighted to have joined
Aldermore at a time when it’s extending its asset finance business
into a number of new market sectors.
“Aldermore is a welcome new entrant into the
block discounting market, where many smaller organisations have
seen their funding lines cut-back in recent years.”
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By GlobalDataGeorge Ashworth, managing director of asset
finance at Aldermore, said: “I would like to welcome Alan to
Aldermore’s asset finance division.
“His specialist skills will help to further
enhance what is already a compelling proposition and I wish him all
the best for the future.
”Aldermore opened its asset finance division
in early 2010, and recently reported that it had reached £100m
worth of assets on its balance sheet.
The bank also broke even this year
with assets accumulating to the value of £1bn.
The bank recently appointed Paul Rooney as new
head of construction within asset finance and expanded its business
development team.
