Wyelands Bank has appointed Mark Turrell (pictured above) to its asset finance team as it launches its newly created offering for the renewables sector.
Mark’s appointment comes as the bank is strategically aiming to help renewables and manufacturing businesses to trade and grow.
He will serve as business development director of asset finance in the bank’s London office and report to Jim Higginbotham, managing director of asset finance at Wyelands Bank.
Mark’s role will consist of developing the bank’s offering to support renewable energy firms, while helping them to access finance and unlock growth.
Jim said: “At Wyelands Bank, we get to know and understand our customers, helping them to access finance and unlock growth.
“With a strong track record in the renewable energy sector, Mark’s appointment demonstrates our commitment to support our customers in this critical sector.
“Together, we will deliver innovative and high-quality financial solutions for renewable energy businesses looking to access asset finance.”
Mark has 25 years of experience in the financial services industry and joins from Capitas Finance, where he was an executive director.
Prior to this, he held senior roles at Lloyds Banking Group and GE Capital.
Mark said: “Wyelands Bank is building a reputation as a firm that understands its customers and will tailor solutions to meet a customer’s specific challenge.
“Renewable energy firms have very specific challenges, so Wyelands Bank’s understanding of the sector and willingness to take a flexible approach to find the most appropriate solution will work well for the sector.
“I’m looking forward to working with the team to develop our offering and help more renewables firms to trade, grow and create jobs.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
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...