Invoice finance firm Bibby Financial Services
has appointed David Postings as chief executive in the UK.
Postings succeeds Edward Rimmer who has been
appointed chief executive of Bibby Ship Management, management
service to the international marine industry.
Postings, who previously led foreign exchange
firm TTT Moneycorp and has worked in senior positions at Barclays
and Lloyds TSB Commercial Banking, said he was excited at the
prospect of leading Bibby FS at a time of growth.
“Bibby Financial Services is a very exciting
business to be part of having grown its profits to £40m, and
boasting a client base of 4,000 small and medium-sized
“With a funding pot currently standing at
£340m, we are in a strong position to support businesses in
accessing cash vital to their success in the current market where
banks are risk averse,” he said.
The appointment of the UK chief executive
follows that of Simon Featherstone who took over as global chief
executive of Bibby FS from David Robertson last month.
Featherstone said Postings will work on the
strategic growth plan for Bibby FS in the UK as part of a wider
strategy to support the company’s ambitions for development and
differentiation within the marketplace.
“David joins a vibrant and successful UK team
and I am confident that the experience he brings to this role
demonstrates the ambition of Bibby Financial Services in the
market, and will allow the business to develop even further in the
coming years,” he said.
Bibby Financial Services is part of the Bibby
Line Group and operates in 14 countries.