
Wyelands Bank has appointed Jim Higginbotham as managing director of its asset finance division.
Jim has spent 27 years in the finance industry, during which time he has worked in commercial and investment banking, wealth management, and asset and invoice finance.
Prior to joining Wyelands Bank, Jim was managing director and co-owner at Specialist Asset Finance.
He has also previously served at Lombard, where he was initially head of risk before becoming managing director of corporate specialist sales.
In his new role, Jim will be responsible for developing the specialist bank’s asset finance offering.
Jim’s appointment is part of Wyelands Bank’s strategy to help manufacturing and industrial businesses to trade and grow through specialist finance solutions.
“Wyelands Bank is setting its stall out as a bank that makes sure it understands its customers’ businesses, so it can help them to grow,” said Jim.
“Understanding what a business really needs enhances the bank’s ability to deliver the most appropriate solutions for [its] customers, and the addition of an asset finance capability enhances this ability still further.
“I’m looking forward to being part of the bank’s growth story and working with the team to develop our offering and help more businesses grow and prosper.”
Iain Hunter, CEO at Wyelands Bank, added: “At Wyelands Bank, we get to know and understand our customers and provide them with access to decision makers from day one.
“Getting under the skin [of] our customers’ businesses in this way means we ultimately help them to trade, grow and create jobs.
“Jim’s track record in asset finance and appointment is further evidence that we will continue to tailor high-quality solutions for each of our customers.”
-
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
-
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
-
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
-
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
-
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
-
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
-
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
-
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
-
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
-
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
-
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...