Lloyds Bank, Commercial Banking has moved to further strengthen its Global Transaction Banking division with two new senior appointments.

The bank has announced a new Head of Trade & Receivables Finance, Global Corporates and a new Head of Mid Markets Trade in Gary Griffiths and Andrew Charnley.

Griffiths and Charnley will work together to drive future growth across the Global Corporates and Mid Markets sectors to meet clients’ transaction banking needs.

New Head of Trade & Receivables Finance, Global Corporates, Gary Griffiths joins from Barclays Bank where most recently he was Regional Head of Trade & Working Capital and will report to John Salter, MD Global Corporate and FI, Global Transaction Banking at Lloyds Bank.

Gary Griffiths said: “I am very pleased to be joining a highly experienced and talented team at a time when British businesses are seeing so many opportunities to grow. At Lloyds Bank we are committed to delivering a diverse range of bespoke funding solutions that support UK firms both at home and abroad and I look forward to working alongside new and existing customers to help them achieve their ambitions.”

Qualified through the Institute of Export and the Association of Corporate Treasurers, Griffiths has worked in the trade finance sector for 20 years and has held leadership roles across trade operations, business development and origination teams at Barclays and National Australia Bank.

New Head of Mid Markets Trade Andrew Charnley has also joined Lloyds Bank from Barclays, where he spent nine years in various leadership roles, most recently as Global Head of Open Account Product.

Charnley has spent over 20 years working across the SME and Mid-Market segments, specialising in Trade and Asset Based Lending. Based out of Manchester, he will report to Global Transaction Banking Mid Markets Head Kashif Ahmad, and has national responsibility for delivering trade based working capital solutions to LBG’s Mid Market clients.

Commenting on his appointment, Andrew said: “It is great to be leading a national team focussed on supporting Mid Market clients throughout the UK. We have ambitious plans to grow our business by focussing on providing solutions to our clients’ end to end working capital requirements thus supporting their import and export requirements.

“Demand for British goods overseas has never been stronger, so we are looking to support our clients realise this potential in both existing & emerging markets”.

The appointments are part of Lloyds Banks’ strategy to continue growing its Global Transaction Banking business.

The Global Corporates and Mid Market Trade divisions play a key role in this, supporting the Bank’s client base.

Lloyds’ Global Transaction Banking division provides payments, liquidity management, working capital and short-term financing to business clients, as well as core banking services to help clients grow, both domestically and internationally, through trade finance, cash management, invoice and asset finance.