BFS

Bibby names new UK specialist director




Bibby Financial Services (BFS) has appointed Kash Ahmad (pictured above) as its UK specialist director.

Kash – who has more than 25 years of experience in the financial services sector – has joined the SME lender having worked in senior executive positions throughout the UK, the Middle East and Asia, where he supported SMEs, mid-market and global corporate businesses.

His most recent role was managing director of global transaction banking, mid-markets at Lloyds Commercial Banking.

Kash has also previously served as chief risk officer at Barclays Bank Pakistan and managing director of inward business for Barclays Bank’s UK global corporates division.

At BFS, Kash – who began his new role on 1st January – will lead a team of more than 100 people in the company’s specialist division which is responsible for supporting businesses through the provision of trade, export, construction and recruitment finance.

Kash said: “BFS has long been known for its invoice finance heritage, but in recent years it has greatly expanded the financial services it provides to UK PLC.


“Supporting the government’s international trade focus, our trade and export teams help businesses to overcome the complexities of trading overseas and we support SMEs buying and selling in over 100 counties.

“We are committed to bolstering our support further by continuing to work with leading bodies such as the Institute of Export, British Chambers of Commerce and Open to Export, in addition to forging new relationships with both public and private sector organisations alike.

“As well as international trade, the recruitment and construction sectors are vital to the performance of the UK economy and more important than ever in light of Brexit.

“As one of the first independent financiers to offer specialist finance to the construction sector in 2004, we have supported the growth of thousands of contractors and subcontractors, giving us a unique understanding of contractual debt.

“Additionally, our combined funding and back office services for recruitment firms provides a steady source of cash flow and frees up administration time, enabling business owners to focus on developing new business.

“BFS’s specialist finance capability is unrivalled in the independent market and this provides us with a great opportunity to boost regional and national economic growth by supporting the growth of an increasing number of businesses.”

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