Financial services broker Midland Asset Finance (MAF) has appointed a new director of asset finance, increasing its coverage in the north.

James Dutton will be based in York and will be responsible for overseeing the development of customer relationships and build out a new team of relationship managers in the region.

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Dutton spent six years as director of asset finance at Santander and has previously worked for Barclays Bank and Yorkshire Bank for 15 years prior to that.

Dutton is the latest in MAFs expansion with the business headcount rising from 27 to 38.

He said of his appointment: “In my 25 plus years’ experience of working in asset finance, I’ve learned that when a business is focused on delivering the best solution to their customers, success will follow. From my first visit to MAF, it has been clear to me that every single director and employee, no matter what their role, has the customer at the centre of everything they do.

He added: “I am looking forward to helping existing contacts and broadening MAF’s customer base as I expand the team in the north.”

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Sue Chapman, director of MAF said: “We are delighted to announce the appointment of James to MAF. He has a distinguished career in asset finance, and as regional director for the north of England, he will be building out a team who will be supporting SME and corporate businesses to help them meet their investment plan objectives.”

In August MAF launched a vendor finance division and appointed four directors as part of their recruitment drive.

Leading the division is head of vendor finance UK Stewart Good and his team of Steve Shuttleworth, James Pigrem and David Cowe.

Speaking about the new division, MAF director and head of business development Dave Chapman said: “I am delighted to welcome Stewart and his new team to MAF to launch our new national vendor finance division.

“This ties in with our future growth strategy to open offices in the north and south as we grow our direct team on a national basis too. The team brings a wealth of experience in the vendor arena, and we will be going to market with a unique offering to meet the needs of the vendors and their customers.”