Richard Foote

Secure Trust Bank names new regional managing director




Secure Trust Bank (STB) Commercial Finance has appointed Richard Foote (pictured above) as its regional managing director for London and the South East.

Richard joins from ABN AMRO Commercial Finance (ABN) where he held the role of director of origination and structuring in the firm’s London office.

In his previous role at ABN — where he worked for five years — Richard focused on structuring and transacting asset-based lending facilities, both domestically and in Europe.

At STB, Richard will be responsible for developing and implementing a local strategy, in addition to leading the relationship and origination teams based in London and the South East, providing asset-based lending facilities between £1m and £50m.

"Having worked in London and the South throughout my career, I understand the huge opportunity there is in the region and the need for a flexible and tailored approach when it comes to lending,” said Richard.

Sean Powell, national sales director at STB Commercial Finance, added: "We are delighted to have been able to attract an individual of Richard's calibre which further strengthens our growing London team, and we are confident that he will fit in to the STB way of life.”

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