asset finance at Lombard after three years in the post.
He has been replaced by Alex Baldock who has joined from
Barclays Commercial Bank where he was commercial director.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Lynam, who has been appointed chief executive of the UK business
banking division of RBS, recently centralised most of Lombard’s
sales staff. He managed to maintain Lombard as Europe’s biggest
lessor despite challenges from the likes of UniCredit Leasing and
the growing strength of asset finance arms of rival UK banks,
including Barclays and HSBC.
Baldock, meanwhile, worked for 13 years as a management
consultant at various organisations, including Bain & Company
and Ernst & Young. He also acted as senior strategy advisor at
the BBC and to Michael Portillo during his tenure as Shadow
Chancellor between 2000-2001.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
