Saffron Building Society confirms Hall as head of mortgage sales
By Roger Baird 30
Saffron Building Society has confirmed Tony Hall as its permanent head of mortgage sales.
This comes after veteran Hall joined the Essex-based mutual last July, taking up the post on an interim basis.
Hall has over 30 years in the financial services industry, working with intermediaries and partners.
Before joining Saffron he was sales director at the Equity Release Information Centre in Leeds for six months.
But Hall has also worked as sales and marketing director for mortgages at Secure Trust Bank, head of distribution for West Bromwich Building Society and an area sales manager for Bradford & Bingley.
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V12 Vehicle Finance has announced the appointment of David Nield as its new managing director.
In his new role, Nield takes over leadership of the vehicle finance business, working closely with Secure Trust Bank’s board as the company accelerates its growth ambitions.
He brings more than 25 years of experience in the finance industry to his new role, having held senior positions at Barclays, Iveco Capital Europe and GE Capital Motor Finance.
Nield was formerly Secure Trust Bank’s chief operating officer, a role he held for eight years, and has been part of Secure Trust Bank and its subsidiaries (the Group) since July 2009.
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V12 Vehicle Finance (V12VF) has named David Nield as its new managing director, replacing David Mercer.
Nield brings more than 25 years of experience in the finance industry to the role, including senior positions at Barclays, Iveco Capital Europe and GE Capital Motor Finance.
He was formerly Secure Trust Bank’s chief operating officer, a role he held for eight years having worked for the business since July 2009.
In his new role as managing director of V12VF, Nield takes over leadership of the Vehicle Finance business, working closely with Secure Trust Bank’s board as the company accelerates its growth ambitions.
Adam Beech
Juices and fruit-based desserts maker Orchard House Foods has secured a £21.73m asset-based lending facility from Secure Trust Bank Commercial Finance in a bid to support its growth plans.
The deal follows Elaghmore’s acquisition of the Corby-headquartered fresh fruit business in January 2021 and will enable the company to invest in new equipment and ongoing product development.
Orchard House Foods supplies to retailers across the UK and Ireland, including Marks & Spencer, Sainsbury’s, Greggs and Pret a Manger.
UK private equity fund Elaghmore invests in companies with a view to driving organic growth, with the objective of doubling the revenue of its portfolio within the first five years of investment. Having raised a £60m fund in 2016, Elaghmore completed a £30m top-up last year to invest in UK companies.