UK-based Skipton Business Finance (SBF) has appointed Katrina Nolan as head of restructuring and recoveries, aimed at strengthening the company’s expertise in handling client portfolios.

In her role, Nolan will provide support to the client service team, focusing on the management of clients facing financial difficulties.

She will work closely with senior management and the chief operating officer to create and apply strategies that address these challenges.

Additionally, her role includes assisting the operations team with strategies, assessment of debt and book valuations, and the management of asset-based lending (ABL) facilities in accordance with external valuations.

Nolan said: “I’m delighted to be joining SBF at such an exciting time for the business. SBF has a strong reputation for its client-focused approach and its ability to support SMEs through every stage of their journey.

“I’m looking forward to working with colleagues across the business to help our clients achieve the best possible outcomes during times of financial pressure.”

In her previous role as recoveries manager (North) at Close Brothers since 2019, she managed recovery processes across corporate and commercial lending portfolios.

Her professional background features positions in client care and customer service at Moorepay and HBOS/Lloyds Banking Group.

SBF chief operating officer Michelle Wilson stated: “Katrina brings a depth of experience and a practical, people-centred approach to recoveries and restructuring.

“Her appointment strengthens our operational resilience and ensures we continue to support our clients responsibly and proactively when challenges arise. We’re delighted to welcome her to the team.”

This appointment follows the recruitment of Ben Pittam as regional sales director for asset based lending at SBF.