Praetura Asset Finance has promoted Ric Simmons to the company’s board in the newly-created role of sales director.
Simmons comes from a 15-year career in asset finance, and is part of the team that originally established Praetura five years ago. Previous roles include corporate development manager at Haydock Finance and broker relationship manager at Close Business Finance.
Mike Hartley, managing director at Praetura Asset Finance said: “Having worked with Ric for a number of years, I have watched his progression with pride and this promotion is very much deserved.
“We are in a fortunate position to have built a team at Praetura with a wealth of knowledge and expertise. I am confident that Ric’s promotion to the board will prove integral in continuing to move our company forward.
“We are seeing both our business and the asset finance market go from strength to strength. But there’s still a lot to do; with far too many SMEs not fully understanding the wealth of options that asset finance can make possible for their business.
Simmons added: “These are exciting times at Praetura and I’m delighted to have been given this opportunity. I am lucky enough to work with one of the best groups of people in the industry, but we are also ambitious and want to do much more.
“I am looking forward to helping shape the future of the business and taking our amazing sales team to the next level as the company evolves”.