Bibby Financial Services has appointed Ben Smith as UK corporate sales director as it continues its executive and management shuffle.

Smith joined the SME funder in 2010 from British Nuclear Fuels, and has held roles such as corporate manager and head of West Midlands business centre. His most recent position was head of corporate for the central region.

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He said: “We’ve made huge strides in the Corporate funding space in recent years and are well placed to develop our support for intermediaries and businesses at this end of the market even further.

“I’m delighted with my new role and look forward to working more closely with the business communities and helping to drive economic growth throughout the country.”

Since Bibby FS announced its restructuring drive, Ted Winterton has been appointed UK chief executive, Steve Box, outgoing chief executive, departed, and a series of newly-created roles were filled internally.

Ted Winterton, UK chief executive at Bibby Financial Services, said: “Ben’s experience, drive and commitment to BFS and our clients during the last eight years made him a standout candidate for this role.

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“Under Ben’s leadership, coupled with our growing funding capabilities, I’m confident we’ll be able to significantly grow our share in the corporate funding space over the coming years.”