Aldermore Bank has appointed Patrick Jelly and Stewart Good to its business finance team as it seeks to grow its asset finance operations.

Patrick Jelly joined Aldermore from Pitney Bowes Global Financial Services, and has previously worked for CIT Europe, AT&T/Newcourt, GE Capital, Royal Bank Leasing, and Lloyds Bowmaker.

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In his role as commercial director for asset finance, Jelly will be responsible for the introducer sale teams in the broker, dealer, and manufacturing sectors, and sales support activities based in Reading. He will report to Carl D’Ammassa, group managing director, business finance at Aldermore.

Jelly said: “The bank’s drive and determination to support the UK’s SMEs is what attracted me and I look forward to capitalising on my experience as I transition into my new role.”

Prior to joining Aldermore as head of manufacturer and dealer services, Stewart Good worked at GE Capital. He has also worked at Key Equipment Finance and Mercantile Credit Company. In this role, Good will be tasked with helping Aldermore to fulfil its ambitions in the UK vendor and dealer financing sector. He will report to Jelly.

Good said: “It’s an exciting time to join Aldermore. The bank has already made great inroads into the manufacturer and dealer services market and there are real opportunities to better serve these clients through a quality service and digital enhancements.”

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Carl D’Ammassa, group managing director at Aldermore, said: “We’re delighted to ring Patrick and Stewart on board and their arrival further strengthens our high calibre asset finance leadership team.”