Time Finance announces senior management team role changes

Time Finance is delighted to announce role changes of three of their senior management team.

Steve Nichols, Sharon Bryden and Lorraine Neyland are all receiving new titles and expansion of roles within the group.

Steve, who was formerly director of asset finance, is now named managing director of asset finance, delegating further responsibility to deliver the division’s strategy and financial results.

Sharon, who holds the role of group head of operations, has seen an expansion in her role to now include increased risk responsibility within the invoice finance division, given her significant experience in this area and her existing strong relationship with the invoice finance team.

Lorraine, who was previously titled director of risk at Time Finance, now holds the title of group risk director, which better reflects her responsibilities in risk management across the group.

Their roles are all aligned with the business’s five-year growth plan. After finishing the 23/24 financial year with impressive results, the group are focusing on expanding their portfolio even more and providing essential, independent financial support to SMEs in the UK.

Speaking of the changes, chief executive officer, Ed Rimmer commented:  “I am delighted to oversee these changes in our senior management team. Steve, Sharon, and Lorraine have amassed a great deal of industry experience, and it is so important to have dynamic, talented and reliable leaders to work alongside. I look forward to working together more closely with the senior management team to make the 24/25 financial year our most successful yet.”