Aldermore has announced the appointment of Richard Baxter as head of risk for invoice finance.
He will be based in Aldermore’s Manchester office and report directly to Clive Gould, risk director for invoice finance. He will be responsible for risk management and oversight of the invoice finance portfolio.
Baxter joins Aldermore with over 19 years of invoice finance experience, having held a number of senior positions at RBS, including head of portfolio management. Most recently he worked as part of the transformation change team as integration director.
Baxter said: “I am joining Aldermore at a very exciting time as the Bank continues to gain a greater foothold in the small and medium-sized business market.
“I look forward to using my extensive experience to help build the best solutions for SMEs to enable them to grow their business and achieve their ambition.”
Gould added: “We are continuing to grow our invoice finance division as we reach out to more and more SMEs across the UK. We need the best people in the market to help us do this and Richard’s knowledge of the industry will add even more strength to the team. He is a welcome addition to the team and I am delighted to have him on board.”