Business
Optimum Finance bolsters its offering in three regions with two new sales directors and commercial director promotion

Leading invoice finance provider and fintech firm Optimum Finance has appointed two regional sales directors to fulfil the funding needs of SMEs across three UK regions alongside the promotion of Lynn-Marie Jameson to commercial director.
Kelvin Thomas joins the business as regional sales director for Wales and the West and Iain Hendry as regional sales director for the South East.
Kelvin and Iain take up their roles as Optimum Finance embarks on its new growth journey following the appointment last month of fintech expert, Anthony Persse, as new CEO.
The new appointments come off the back of a period of strong growth for the firm which funded over £100m worth of invoices and reported a growth in clientele of 56% in 2019.
Kelvin joins Optimum finance with over 25 years’ industry experience. Having previously held positions as sales director at ABN AMRO Commercial Finance and Eurofactor – Credit Agricole. He is accustomed to delivering strategic regional plans and working within the SME sector to deploy cutting-edge funding solutions.
In his role at Optimum he will be overseeing sales activity in Wales and the West, helping drive Optimum’s bespoke services to those SMEs which need financial support.
With vast experience and knowledge of the South East invoice finance market, Iain is no stranger to working with companies to provide funding options which support business owners. Having worked for Santander, Ultimate Finance and most recently commercial director of Innovation Finance, his industry knowledge is extensive.
When asked about his role, Kelvin said: “Joining the Optimum Finance team has been fantastic. I am enjoying getting to know the portfolio of businesses we work with and how we can help them.
“I am incredibly excited to be focused on expanding Optimum’s offering across Wales and the West delivering strategic plans, deal origination, business development and overseeing mixed asset and product strategies. I’m really looking forward to engaging with SME’s and creating funding solutions for them”
Iain comments on his role: “Given the current circumstances it has never been more important for SMEs to consider invoice finance to support their long-term financial health. In the past I have been part of a team which has provided SMEs with funding solutions to improve cashflow and I am excited to continue to offer this as part of the Optimum Finance team.”
Anthony Persse, CEO at Optimum Finance said: “We are pleased to welcome Kelvin and Iain and to announce the promotion of Lynn-Marie to commercial director. We have an exceptionally strong team in place as well as the drive and tenacity to provide quality, bespoke funding solutions to UK SMEs as they forge ahead in uncertain times.”
For information on the latest job opportunities at Optimum Finance, keep an eye out on https://optimumfinance.co.uk/ or contact the team at [email protected].
Business
Can a leader’s level of enthusiasm and optimism really impact the bottom line?

By Mark E. Brouker, Captain, United States Navy, founder of Brouker Leadership Solutions
Can a leader’s level of enthusiasm and optimism really impact the bottom line? We hear of the leader’s ability to influence others in powerful ways in politics, academia, sports, among other areas. However, in business, profitability is where the rubber meets the road. How impactful is the leader’s level of enthusiasm and optimism in creating a healthy bottom line?
One of the truly remarkable and rewarding tours of duty I had during my Navy career was with a small group of highly motivated doctors and pharmacists from all three services – Army, Navy, and Air Force. These professionals were all hand-picked to join a newly-formed team which was directed to reduce the escalating cost of prescription medications provided for all Department of Defense (DoD) active duty (Army, Navy and Air Force) and family members. Our task was made more challenging because we were to reduce costs without decreasing quality of care. At that time, there were over eight million men, women, and children eligible for prescription medications throughout DoD. The annual cost was over five billion dollars and climbing fast.
Our boss, Dan, was a brilliant, hard-working, and extremely passionate leader who was highly respected by all. Dan cared for us and we cared for him. We were a tight group. We treated each other as family. Dan’s passion was contagious, and he quickly established a culture of caring, hard work and trust. We were poised for success. Because I was senior to other members of the team, Dan selected me to be his deputy.
The idea of creating a small team to bend the cost curve for the entire DoD pharmacy benefit was novel – it had never been tried before. While the team shared a genuine passion for this noble and ambitious undertaking, early wins were few and far between.
After the 6-month honeymoon period ended, enthusiasm was slowly replaced with frustration. Every morning we’d meet with Dan to share the progress or, more accurately, lack of progress with our respective projects. It was slow and insidious at first, but sarcasm, frustration and pessimism crept into the meetings. A few of the more vocal naysayers would spew their negative venom and Dan and I would make meager attempts to mitigate the damage, or in times of weakness simply join in. These meetings frequently went much longer than scheduled, drained everyone of energy, and were generally recognized to be a waste of time. In short, neither Dan nor I led these meetings. We attended them. One could feel the energy, passion and trust dissipate like air leaking from a balloon.

Mark E. Brouker
It was clear that Dan and I needed to change our attitudes. We candidly discussed the culture of pessimism that we were creating and, more importantly, how it was sucking trust and the creative juices from the team. Over a handshake, we agreed to help each other curb our negativity and celebrate small victories that were indeed happening. We’d address the challenges, but not mire in them. We agreed to not let anyone hijack the meeting with their negativity.
We were more careful in the words we chose – we rid ourselves of cynical remarks. We were careful with our body language. No scowling or worried looks. Above all, we focused on staying positive. We’d invest a few minutes before meetings to reflect on past successes, however minor, and mention them at the beginning of the meeting. We’d then address the challenges, and close each meeting with a reminder, once again, of past successes.
Frustration and pessimism were slowly replaced with enthusiasm and optimism. Wins starting coming. More wins followed. Within 2 years, our small team was saving DoD over $100 million annually with no reduction in quality. Our small team was recognized within the industry as a center of excellence. Our success was nothing less than stunning.
How did this happen? It turns out that Dan’s and my behaviors had a much more profound impact on our team members than we could have ever imagined. In fact, studies have shown that the leader’s level of enthusiasm and optimism directly impacts their team members level of enthusiasm and optimism. Why is this the case? A study by Gallup found that employees who are supervised by highly enthusiastic leaders are 59 percent more likely to be enthusiastic than those supervised by unenthusiastic leaders.[1] In other words, the leader’s behaviors, in this case optimism and enthusiasm, are contagious. Further, studies have indeed shown that businesses led by enthusiastic and optimistic leaders were significantly more profitable than those led by apathetic and pessimistic leaders. [2] [3]
Can a leader’s level of enthusiasm and optimism really impact the bottom line? Unquestionably the answer is yes. The leader’s ability to influence in politics, academia, sports and yes, profitability in business, is profound. Those businesses led by leaders who understand, respect, and embrace the strong correlation between the leader’s level of enthusiasm and optimism as it relates to performance and profits – and most importantly practice these behaviors – are at a distinct competitive advantage.
Be a great leader – lead with enthusiasm and optimism.
Mark E. Brouker, Captain, United States Navy (retired), Pharm.D., MBA, FACHE, BCPS, is founder of Brouker Leadership Solutions, and author of Lessons From The Navy: How To Earn Trust, Lead Teams, And Achieve Organizational Excellence. For more information visit http://www.broukerleadershipsolutions.com/.
[1] Gallup, “State of the American Workplace, 2017.” Accessed February 12,2020.
[2] Michael Bush, A Great Place to Work for All (Oakland, CA: Berrett-Koehler, 2018), 26
[3] Marcus Buckingham, First, Break All the Rules (New York, NY: Simon and Schuster, 1999), 40
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Business
JPMorgan to launch UK consumer bank within months

LONDON (Reuters) – JPMorgan Chase & Co will launch a digital consumer bank in Britain under its Chase brand within months, the U.S. banking giant said on Wednesday.
The bank said the new business had already recruited 400 people and would offer a range of products, including current accounts.
The UK venture will be led by Sanoke Viswanathan, who has been named chief executive. Viswanathan was previously chief administrative officer for JPMorgan’s corporate and investment bank.
The digital bank will be headquartered in London’s Canary Wharf financial district, with customers supported from a new call centre in Edinburgh.
Reports about a likely tilt by JPMorgan at the UK consumer market have been circulating for around a year, but the bank had publicly disclosed few details.
“The UK has a vibrant and highly competitive consumer banking marketplace, which is why we’ve designed the bank from scratch to specifically meet the needs of customers here,” said Gordon Smith, CEO of consumer and community banking for JPMorgan.
(Reporting by Iain Withers; Editing by Jan Harvey)
Business
European regulator clears Boeing 737 MAX airliner for return to service

(Reuters) – Boeing Co’s modified 737 MAX airliner is safe to return to service in Europe, the European Union Aviation Safety Agency (EASA) said on Wednesday, lifting a 22-month flight ban after two crashes of the jet which caused 346 deaths.
EASA Executive Director Patrick Ky said it had “every confidence” that the plane was safe following an independent European review of changes ranging from cockpit software to maintenance checks and pilot training.
“Let me be quite clear that this journey does not end here,” Ky said in a statement.
“We have every confidence that the aircraft is safe, which is the precondition for giving our approval. But we will continue to monitor 737 MAX operations closely as the aircraft resumes service.”
Regulators around the world grounded the MAX in March 2019, after the crash of an Ethiopian Airlines jet five months after one flown by Indonesia’s Lion Air plunged into the Java Sea. A total of 346 passengers and crew members were killed in the two crashes.
The United States lifted its ban in November, followed by Brazil and Canada. China, which was first to ban the plane after the second crash, and which represents a quarter of MAX sales, has not said when it will act.
Relatives of some crash victims have strongly criticised the move the clear Boeing’s best-selling airplane.
EASA represents 31 mainly EU nations, excluding Britain which formally left the bloc this month. Britain is expected to issue its own separate approval on Wednesday.
(Reporting by Sudip Kar-Gupta, Rachit Vats; editing by Jason Neely)