Aldermore, the specialist bank, has appointed Tim Boag as its new group managing director of Business Finance.

Boag has been working on an interim basis at Aldermore, since June last year with overall responsibility for invoice finance, asset finance and commercial real estate. His appointment is subject to regulatory approval.

Boag joined Aldermore after fulfilling a variety of roles with RBS and NatWest. Most recently he was managing director in corporate and commercial coverage. He was previously on the management board of Lombard Asset Finance and was a director on the board of the Business Growth Fund (BGF), a company established to invest directly in SMEs.

Phillip Monks, chief executive of Aldermore, said: “Since joining Aldermore, Tim’s commercial acumen and thoughtful executive leadership has already brought a great deal of success to Business Finance. His extensive industry experience means he will continue to drive our ambitions of becoming the first choice for businesses that need backing to help them fulfil their hopes and dreams.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.