Wesleyan Bank, a specialist provider of commercial finance solutions, has appointed David Brownbill as its new head of indirect sales.
Brownbill joins from Paragon Asset Finance and has 28 years’ experience in a variety of senior corporate finance positions.
Prior to joining Paragon, Brownbill spent seven years as regional director at Santander Asset Finance and he has also held sales management roles with GE Capital and Royal Bank of Scotland in which he recruited and developed asset finance teams.
Brownbill, who will be based from the Wesleyan Bank’s headquarters in Birmingham, will report to director of sales and marketing, Simon Welling.
Brownbill will have responsibility for Wesleyan Bank’s vendor team in addition to overseeing its relationships with brokers and affinity partners, which include the Law Society of England and Wales and the Law Society of Scotland.
Wesleyan Bank is a subsidiary of financial services mutual Wesleyan Assurance Society, which has over £7 billion of assets under management.
The company provides finance to UK SMEs, professions and IT vendors and resellers.
These comprise short, medium and long-term loans to cover investments in IT and specialist equipment, cash flow expenditure, partner equity loans, business acquisitions and commercial mortgages.
Steve Deutsch, Wesleyan Bank chief executive, said: “David joins the business at an exciting period on the back of a strong half-year performance.
“This appointment underlines our commitment to enhancing our solutions and services for our customers and his experience will be invaluable in influencing our indirect sales strategy.”
Brownbill said Wesleyan Bank is well positioned to broaden its product proposition and is looking for growth in the education and medical sectors in particular.
