Fiducia Commercial Network has appointed Norman Chambers, previously the managing director of the National Association of Commercial Finance Brokers (NACFB), as its new executive relationship director.
Chambers has more than three decades of experience in the banking industry, having worked at institutions such as NatWest and RBS.
Chambers said: “I look forward to supporting and growing the business by building and developing existing and new relationships to help serve the SME community.
“This work will underpin my ethos of encouraging brokers to be the modern-day bank managers by navigating and supporting businesses across the UK seeking access to finance and other connected services as the trusted adviser.”
His career includes notable contributions to the commercial finance industry, particularly during his time at NACFB, where he led the organisation from 2014.
At NACFB, Chambers played a key role in driving strategic growth and advocating for commercial finance brokers, lenders, and the broader sector, including engagement with the HM Treasury and the British Business Bank.
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By GlobalDataFiducia Group group CEO Marcus Grimshaw said: “I am excited to welcome Norman to the Fiducia Commercial Network team. Having worked with him during my time as chair of the NACFB, his deep knowledge of the financial sector and commitment to the commercial finance community, along with his connections and influence, will be invaluable as we continue to innovate and elevate our service offerings.
“He is a shining example of our core values, and crucially, he will be a guiding light to commercial finance brokers and firms when they decide where and how they transact their business. They and we will not take Norman’s endorsement of us lightly.”
Fiducia said Chambers’ expertise in building productive relationships between brokers and lenders aligns closely with its goals of enhancing funding access for SMEs.
Grimshaw added: “I am also delighted that Norman will further serve Fiducia and the industry by dedicating some of his time as a non-executive director on the NACFB board. It will be good to see a Fiducia representative back at the heart of our trade body.
“Over the last 12 months, the Fiducia Commercial Network offering, our processes, our lender panel, and the launch of our plug-in services, along with the type of firms joining us, has changed unbelievably. We will continually evolve and improve.”
Fiducia Commercial Network managing director Mark Grant said: “The executive relationship director plays a pivotal role in supporting me in the growth of the network membership and delivering an enhanced network proposition; I am thrilled Norman is joining us on our journey.”
Chambers’ appointment is seen as a timely addition to Fiducia as it continues to expand its commercial broker network and further improve its support for the SME sector.