The former CEO of Bibby Financial Services will be responsible for leading Falcon’s expansion in the UK and European markets.
Falcon is recognised as an alternative source of finance for mid-cap and large-cap corporates and has deployed over $8bn in the past three years.
The group added that Steve will bring more than 38 years of experience in financial services to the company, in particular his knowledge regarding receivables, asset-based lending, supply-chain finance and trade finance.
“Having established ourselves as a leading global player in trade finance, we are always looking for new ways to evolve our business and support our clients in new markets,” said Will Nagle, CEO of Falcon Group.
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“Steve’s track record of developing teams, growing top-line revenue and boosting company profitability, combined with his knowledge of the corporate landscape – in the UK and beyond – along with his unparalleled experience in both banking and non-bank institutions, will help us achieve this goal.
“We’re thrilled to have him onboard.”
”A key Falcon message is [that]we start where the banks stop and contribute to funding the real economy,” added Steve.
“And it’s precisely this approach – going beyond the banks to provide corporates with tailored flexible solutions – which I am very much looking forward to developing and strengthening.
“It is such a great privilege to join Falcon, a company with a fantastic track record of expanding into new markets and a great culture.”