Secure Trust Bank Commercial Finance has named David Ward as portfolio & structuring director, as the lender continues to expand its corporate asset-based lending proposition.
Ward (pictured), who is based in London and will support clients across the UK, will oversee a portfolio of corporate ABL clients.
His remit includes structuring and delivering funding solutions across the lender’s full suite of asset-based lending products.
He joins from ABN AMRO’s UK ABL operation, where he served as head of relationship & asset management for corporate and international.
Before that, he held senior corporate structured finance roles at GE Capital, and earlier worked as an underwriter and portfolio leader at GMAC Commercial Finance and as operations director at NMB-Heller.
Ward brings more than 30 years’ experience in the invoice finance and ABL market, with a track record in client and portfolio management.
His appointment comes as Secure Trust Bank Commercial Finance seeks to deepen its relationships with private equity houses and support mid-market businesses across the UK.
Ward says: “STB CF has a strong reputation for getting deals done through a relationship-led approach that really resonates with clients.
“I’m looking forward to getting to know the business and working closely with clients to support their working capital requirements and growth aspirations.
“It remains a very competitive market with plenty of liquidity available, but businesses continue to value speed of decision-making and lenders who are genuinely solution driven.
“In an uncertain economic environment, certainty of delivery and a partnership approach from a trusted lender are key drivers for both prospective and existing clients and I’m excited to help deliver these at STB CF.”
Sean Powell, managing director at Secure Trust Bank Commercial Finance, adds: “David’s depth of experience across corporate ABL, structuring and portfolio management will be a real asset to the business, our clients and private equity sponsors.
“His wealth of expertise, that comes from leading complex transactions, reinforces our desire to support ambitious businesses with bespoke, multi-asset facilities.
“We’re excited to welcome David to the team.”
