SME financial provider,  Bibby Financial Services (BFS), has announced the appointment of Karl Leitelmayer as its Head of Business Centre for Trade Finance.

Leitelmayer is an invoice finance specialist with over 30 years’ experience in the financial services sector. He joins BFS after 19 years at Lloyds Banking Group, most recently as Head of Broker Channel Sales – Invoice Finance. During this time, Leitelmayer was instrumental in the redesign and launch of Lloyds’ broker offering to the invoice finance market.

Leitelmayer will be based out of BFS’s Manchester and Banbury offices, heading up a national team of 10 Trade Finance Client Managers.

Gary Griffiths, Managing Director of Trade Finance, said “BFS is committed to supporting UK businesses through Brexit and beyond which is why we’ve pledged our support to the Business Finance Council’s SME Finance Charter. Karl’s extensive experience in providing working capital solutions to businesses of all sizes makes him well placed to support this commitment.”

“We’re looking forward to working with Karl to support the growth of our Trade Finance offering and provide UK SMEs which trade internationally with the funding solutions they need to thrive.”