Siemens Financial Services (SFS) has appointed Rob Hallworth to run the company’s block discounting business.

Hallworth has more than 20 years of experience in the financial services sector in the bus and coach, commercial vehicles and wholesale fleet funding markets, as well as receivables funding and block discounting.

Hallworth has been a block discounting manager for SFS since May 2015, with previous experience as a director at bus and coach specialist UK broker Contrast Corporate Finance, prior to that at Volvo Financial Services.

Hallworth also had stints at Mistral Asset Finance, Alliance and Leicester Commercial Finance and in sales at the asset finance division of the Co-operative Bank, all according to his LinkedIn profile.

Emma Thomas, head of sales block & brokers at Siemens Financial Services said: "Rob has extensive experience in this field and we’re very happy to welcome him to the SFS team.

"From our many years’ operating in this market we’ve built up one of the largest and most diverse customer bases. Rob, with the support of the team, will further strengthen that, cementing our position as one of the market leaders."