Bibby Financial Services (BFS) has appointed Gary Griffiths as managing director for Trade Finance as the company seeks to further enhance its services to SMEs trading domestically and overseas.
Gary joins BFS with over 30 years’ experience in the financial services industry. He has a strong track record of creating and leading top performing trade businesses across Europe, the USA and Asia.
In his new role, Gary is responsible for managing a team of 25 and will drive the growth of BFS’s already strong Trade Finance business across the UK.
Prior to joining BFS, Gary was senior director for Trade and Working Capital Finance at London Business Finance Ltd. He also held roles as head of Trade, Receivables & Supplier Finance Origination at Lloyds Banking Group, and head of London Trade & Working Capital at Barclays.
Speaking of his appointment, Gary said: “BFS is an extremely successful business with an impressive client base and comprehensive sales and distribution model. It is a business in constant growth and I am looking forward to help drive its development further.
“There are an increasing number of SMEs trading in overseas markets who require help and support to manage the cash flow and risk implications of international trade. BFS is in a superb position to support this growing market and I am excited to help the business realise this exciting opportunity.”
Edward Winterton, UK CEO, Bibby Financial Services, commented: “At BFS, we are continually striving to develop the services that SMEs need to grow. A core part of this strategy is ensuring we are well equipped with talent and expertise across the business.
“Gary is an extremely accomplished leader who will help BFS enhance our trade support at an important time as SMEs contend with an increasingly challenging environment, and I look forward to welcoming him on board.”