Lloyds Bank Commercial Banking has bolstered its liquidity advisory team in the South West with the appointment of Jon Szabo as a new director to support the growth ambitions of the region’s large businesses.
Jon, pictured, is one of four new directors to join the now nine-strong team, headed by David Brunton, which provides strategic advice and bespoke solutions to help businesses turning over £25m-plus maximise their cash deposits.
His appointment follows an uplift in demand from large corporates for support to help them utilise their working capital to capitalise on growth opportunities.
David Brunton said: “Mid-sized businesses and large corporates play an instrumental role in the continued resurgence of the UK economy, and with rising business confidence now is the time many companies are looking to accelerate their growth strategies.
“We work closely with businesses to help them reach a sensible balance between investing their cash surpluses and retaining money to maintain liquidity, and Jon’s appointment has brought further knowledge and experience to the team to help provide businesses with tailored funding solutions.”
Jon added: “This is an exciting time to join the team as prospects for 2014 look increasingly encouraging. Lloyds Bank has a signature commitment to be the best business bank, and I am looking forward to delivering this commitment to businesses in the South West.”