Aldermore announces new Managing Director

By Bridging Loan Directory 11th September 2013

Leading challenger bank Aldermore has today announced a new managing director for its asset finance business.

Carl D’Ammassa takes up his role on 1st October and will be responsible for ensuring that Aldermore continues to establish itself as the leading independent provider of Asset Finance to SMEs. Carl joins Aldermore from Hitachi where he was Managing Director of their Asset Finance business. He has a proven track record of optimising businesses and delivering growth in organisations and will ensure Aldermore meets its strong ambitions to significantly grow its Asset Finance business over the next few years. Carl will be based in Aldermore’s Reading office and will report directly to Mark Stephens, Group Commercial Director and Deputy CEO.

In addition to Carl’s appointment, Aldermore is also pleased to announce Jonathon Maycock will join the Bank as the new National Sales Director for Asset Finance. Jonathon joins Aldermore from GE Capital where he was most recently their Commercial Director for Equipment Finance. Jonathon will join the team on 16th September.

Commenting on his appointment Carl D’Ammassa said:

“Aldermore has built an excellent asset finance business which has real commitment to solving the funding needs of small and medium sized businesses throughout the UK.

“I am excited to join such a dynamic, progressive bank and look forward to building on Aldermore’s already strong reputation for quality and reliability in serving their customers’ needs.”

Mark Stephens, Group Commercial Director and deputy CEO for Aldermore, commented on the appointment:

“I am delighted to welcome both Carl and Jonathon to the business. Carl’s extensive knowledge and experience of the asset finance industry means he will make a positive contribution and I look forward to seeing the growth continue under Carl’s leadership.

“These appointments demonstrate our commitment to providing exceptional Asset finance facilities to SMEs and I am very confident that through these hires and with the team we have in place, we will further enhance our position in the highly competitive Asset Finance market”.