In his new role, Hodkinson will focus on expanding STB CF’s lending portfolio and supporting the team in unlocking value for ambitious businesses. Credit: TippaPatt / Shutterstock.

Secure Trust Bank’s asset-based lending arm Secure Trust Bank Commercial Finance (STB CF) has appointed James Hodkinson as the managing director, following the retirement of John Bevan.  

Previously serving as chief operating officer, Hodkinson will now oversee the growth of STB CF’s lending portfolio. His career began at the Royal Bank of Scotland, where he held various leadership and strategy roles within the invoice finance business.

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Hodkinson later joined Barclays, assuming nationwide leadership roles in sales finance, including head of medium corporate team and head of relationship management.

In 2014, he moved to Secure Trust Bank to help establish the commercial finance division.

In his new role, Hodkinson will focus on expanding STB CF’s lending portfolio and supporting the team in unlocking value for ambitious businesses. He will also collaborate with private equity investors on complex transactions. 

Hodkinson said: “Having been with STB CF since its inception, it has been truly amazing to be involved in growing the business into what it is today. It will be very much business as usual from January and I am looking forward to leading the business on its continued journey of growth.

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“The team and I look forward to sharing our plans with our valued partners over the coming months. John leaves a great team at STB CF, and we would like to thank him and wish him all the best in his retirement.”

In the past decade, STB CF has recorded a 65% surge in its loan book in the three years leading to the end of 2023.

It has provided nearly £20bn ($24.57bn) of funding to more than 250 businesses.

Bevan said: “I am very proud of what has been achieved with James and the team over the last ten years and I am very grateful for their support and the support of our clients and introducers.”