The new role will see Tim take charge of vehicle valuations in the newly created specialist car team at the specialist bank.

He has over 35 years of experience in the motor industry having previously held senior positions with various car manufacturers including Porsche and Aston Martin.

Tim will be based in Aldermore's Leeds office and report directly to Paul Seddon, head of large value underwriting in the asset finance business.

“I am delighted to be joining Aldermore to further develop relationships with introducers, as well as improving the way we service their needs,” said Tim.

“My aim is to build on the great work that has already been done in order to ensure we seek out new opportunities to help us increase the support we provide in the specialist car sector.

“I look forward to working with Paul and the team and I'm confident that my extensive experience will help contribute to the bank's overarching ambition to increase market share.”

Paul added that it was vital Aldermore had the right people in place to help it to continue to grow its business.

“Tim's expertise and in-depth knowledge in the valuation and specialist vehicle sector will help us deliver consistently high levels of service to our introducers.

“He will be a great asset to the team and I am delighted Tim is joining Aldermore.”