Margaret Eyres appointed as Head of Direct Lending at UK Export Finance - Global Banking & Finance Review
This image features Margaret Eyres, the newly appointed Head of Direct Lending at UK Export Finance, highlighting her role in supporting UK exporters. Her experience in trade and export finance will enhance UKEF's services.
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UK EXPORT FINANCE APPOINTS MARGARET EYRES AS FIRST HEAD OF DIRECT LENDING

Published by Gbaf News

Posted on March 25, 2015

2 min read

· Last updated: February 12, 2019

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Margaret Eyres Appointed Head of Direct Lending

UK Export Finance (UKEF), the UK’s export credit agency, has appointed Margaret Eyres as its first ever Head of Direct Lending.

Previous Experience at Societe Generale

Margaret was formerly the Head of Export Finance UK at SocieteGenerale focusing on major British exporters.  During her tenure there, she also managed the bank’s export finance relationship with EDC, the Canadian export credit agency.  Since 2011, Margaret had also represented the Export Finance and Trade Committee of the British Bankers’ Association at the Brussels-based European Banking Federation’s Export Credit Working Group.

Margaret Eyres, head of direct lending, UK Export Finance

Margaret Eyres, head of direct lending, UK Export Finance

Margaret Eyres’ Professional Background

Margaret joined UKEF in March 2015 following a corporate banking career including over 25 years spent in trade services, trade finance and export finance at Midland Bank International, ABN AMRO and SocieteGenerale (SG).  Her experience has spanned both corporate and sovereign borrowers in developed and emerging markets along with European exporters, across a range of industrial sectors.

Eyres Outlines Vision for Direct Lending

Margaret Eyres, Head of Direct Lending said: “I am delighted to be heading up UKEF’s Direct Lending team which will be working with a panel of 20 banks and other financial organisations in delivering our new service for UK based exporters.  Such exporters may need to spend a couple of years or more when tendering and negotiating for contracts involving significant capital expenditure for the buyers or sponsors.  With this recent £3 billion UKEF scheme, overseas buyers can feel assured of a reliable funding source, the UK government,  at the lowest available fixed interest rates determined by the OECD  if they buy British and are seeking medium or long term funding for an acceptable  contract or project.”

Personal Background and Interests

Born in Liverpool, Margaret is a graduate of Loughborough University and a charity trustee for The M.E. Trust. Margaret returns regularly to her family and friends on Merseyside and to the French farming community where she became a fluent French speaker as a teenager.

Key Takeaways

  • UK Export Finance (UKEF) has named Margaret Eyres as its inaugural Head of Direct Lending.
  • Margaret Eyres brings over 25 years of experience in trade and export finance at Midland Bank International, ABN AMRO, and Société Générale.
  • The Direct Lending team will work with a panel of 20 banks and financial organisations to deliver a £3 billion scheme for UK exporters.
  • Loans under this scheme are offered at fixed interest rates set by the OECD, enhancing access for overseas buyers of UK goods.
  • Margaret Eyres is based in the UK, educated at Loughborough University, and originally from Liverpool.

References

Frequently Asked Questions

What is the Direct Lending scheme UKEF is implementing?
It’s a £3 billion facility through which UKEF and a panel of 20 financial institutions provide fixed‑rate loans (set by the OECD) to overseas buyers of UK exports.
Who is Margaret Eyres?
Margaret Eyres is UKEF’s first Head of Direct Lending, joining in March 2015 with over 25 years’ experience across trade and export finance at Midland Bank International, ABN AMRO, and Société Générale.
What experience does Eyres bring to UKEF?
She has over 25 years’ experience in trade services, trade finance and export finance, and has represented the British Bankers’ Association in European export credit working groups.

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