Former UK risk director moves into group-wide role

Leading independent business funder, Bibby Financial Services (BFS) has appointed Ian Ramsden as Group Risk Director on a permanent basis.

First joining BFS in 2005, Ian held the position of UK Risk Director until November 2015, when he took-on responsibility for the group risk function on an interim basis.

Ian Ramsden
Ian Ramsden

Speaking of his permanent appointment, Ian said:“We have a unique risk model at Bibby, which gives us more flexibility than other funders so we can adapt to meet the needs of our clients – both large and small.

“I’m delighted with this new role and look forward to helping BFS grow even more over the years ahead.”

With 27 years’ experience in banking and asset based lending, prior to joining BFS, Ian held the position of Head of Large Client Audit at Barclays, leading a team involved in structuring and managing facilities for corporate clients.

In 2015, Ian headed-up the funder’s successful securitisation – a process which saw BFS UK increase its total funding available by over £290m.

Ian said: “Following our successful refinancing arrangement in 2015, we’re in a fantastic position to support more traditional SMEs, larger corporates and intermediaries alike.

“In the UK alone, we have over £770m in funding available to support businesses and we’re now looking to grow our funding support globally, with a strong focus on key markets such as USA and Germany.”

David Postings, Global Chief Executive at BFS commented: “Ian has been critical to the growth and development of BFS in the UK over recent years so I’m delighted to have him on board in a global capacity.”

Ian’s appointment follows the departure of Mark Hartigan who left BFS after ten years in November 2015.

David added: “Mark will be missed but in Ian we have a strong successor who has the confidence of our funders.”