Bibby Financial Services (BFS) has appointed Jim Davis as Managing Director (MD) for Construction Finance as it looks to further its support for SME businesses in the sector.

Joining BFS from Yorkshire Bank in 2011, Davis held the role of Head of Sales for the West Midlands since 2011and was instrumental in the opening of BFS’s West Midlands Business Centre in 2014. Most recently Davis led BFS’s Export Finance team, as Managing Director spending the past 12 months leading the support for SME businesses that trade overseas.

With more than 26 years’ experience in financial services, he has held a variety of commercial finance roles at HSBC and Yorkshire Bank, where he specialised in asset based lending and invoice finance.

In his new role, Davis will be heading up a team of 50 in BFS’s market-leading Construction Finance team. He will be focusing on people development, training and cross function collaboration with the sales and operations teams to further develop BFS’s Construction Finance offering.

Sharon Wiltshire, Commercial Director at BFS, commented: “We’re proud of recognising and retaining the talent we have within our business so we’re delighted to appoint Jim as the Managing Director for Construction Finance.”

“During his time with BFS, Jim has delivered fantastic results and I’m confident he will continue this journey by further enhancing the support we provide to subcontracting businesses in the UK.”