UK bank and asset finance provider Bank of London and the Middle East (BLME) has added James Harrowsmith as a director to its leasing team.
Harrowsmith will report to Fred Yue, head of leasing at BLME, and will be responsible for leading the bank’s heavy goods and commercial vehicles funding business.
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Harrowsmith has over 20 years of experience in financial services, specialising in asset finance to the commercial vehicles sector. He was most recently at Eddie Stobart Ltd where he was responsible for sourcing all of the business funding solutions for its fleet of 2,500 heavy goods vehicles (HGVs) and 3,000 trailers.
Prior to this, he worked for Close Brothers Asset Finance and HBOS, specialising in the HGV and LCV sectors.
Yue said: "BLME has expanded its leasing operations significantly over the past year. We have now developed specialist capabilities in the market, such as aviation finance and marine finance. James’ expertise in providing competitive finance solutions to the UK HGV sector fits well with our business, as it is a one of the key areas of focus for us going forwards. His insight and experience will be invaluable in building our leadership position in the transport funding sector."
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