The Nationwide Affiliation of Industrial Finance Brokers (NACFB) has appointed Jim Higginbotham as its new chief government.
The chief government function is being reprised after the departure of Graham Toy in 2020. Norman Chambers has been main the organisation as managing director since then and can transition to the place of non-executive director on the NACFB board later this 12 months.
Higginbotham joins from STAR Asset Finance the place he was group chief government and led the brokerage by a interval of considerable change.
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He has beforehand held senior roles at Lombard, Barclays, and GE Capital, the place he developed an understanding of asset finance, threat administration, and stakeholder engagement throughout quite a lot of monetary sectors.
“With over three a long time of expertise throughout all areas of business finance, I really feel effectively positioned to symbolize and ship towards the wants of our members and patrons,” Higginbotham stated, in his first assertion as chief government. “Over the past ten years, the significance of the business finance dealer within the UK’s monetary ecosystem has continued to extend. For increasingly more UK SMEs, our members act as trusted enterprise companions, unlocking entry to essentially the most applicable finance options, unbiased of product or supplier.”
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He continued: “Because the regulatory and aggressive panorama turns into ever more difficult, I need to guarantee our members profit from the very best assist to assist them succeed and prosper. I additionally stay up for strengthening our partnerships with Patrons and making certain the best ranges of professionalism and belief in our neighborhood. I’m excited to fulfill with the membership and hearken to their views on how the NACFB can finest serve the business finance neighborhood within the years forward.”
Welcoming Higginbotham’s appointment, NACFB interim chair Adrian Coles stated: “Jim was a standout alternative for the NACFB board. His expertise, management, and imaginative and prescient make him the best particular person to information the Affiliation into the long run. We’re assured that Jim will construct upon stable foundations, confidently steering the NACFB while making certain it stays on the forefront of the intermediated enterprise finance sector. The board and I stay up for working carefully with him as we navigate the challenges and alternatives that lie forward.”
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