Aldermore has created a new role of head of business development for dealer services in its business finance division.

Nick Dudley has been appointed to the role and will be responsible for accounts across a variety of industry sectors, with a particular focus on transportation and construction.

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This is designed to complement the Bank’s growth ambition across the manufacturer and dealer services platform.

Dudley will also play a key role in developing new products to meet growing customer demand, said Aldermore.

Dudley has over 25 years’ experience working within the asset finance industry, where he has held a number of senior positions with companies including Hitachi, ING, GE Capital and  Close Brothers.

Dudley will be based in Aldermore’s Reading office and will report directly to Stewart Good, head of manufacturer and dealer services.

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Nick Dudley, Aldermore head of business development for dealer services, said: “This is a great opportunity to build on existing relationships and develop best-in-class products and services to meet the changing needs of customers. I look forward to using my experience to ensure greater efficiency, effectiveness and productivity to better serve customers by offering more complete solutions.”

Stewart Good, head of manufacturer and dealer services, said: “Nick’s extensive experience will be instrumental in helping us move into the next phase of growth. As a business we are committed to providing the best products and services to our customers and Nick’s experience will support this. Nick will be a real asset to the team and I am delighted to welcome him to Aldermore.”