Lloyds Bank makes senior appointments to support SW businesses

Lloyds Bank Commercial Banking has made three senor appointments to boost its support for mid market businesses across the South West region.

James Meakin has been appointed Head of Asset Based Lending in the Mid Markets Global Transaction Banking team. He will lead ten business development directors and client managers to deliver working capital and asset-based lending solutions to local businesses such as Sertec. James has been at Lloyds Banking Group for 10 years and moves from a previous role within the Mid Markets Chief Operating Office.

David Rooney has joined the team as Director of Structuring and Syndication Asset Based Lending, moving from a similar role at Royal Bank of Scotland. He takes responsibility for structuring, negotiating and executing new asset based lending facilities, as well amending existing facilities.

James and David will be further supported by Sinead Johnson, who has stepped into the role of Business Development Director from Royal Bank of Scotland and previously Barclays. Sinead will support mid market businesses with their future growth through the provision of working capital and asset-based lending solutions.

The Mid Markets Global Transaction Banking team at Lloyds has a strong portfolio of clients across manufacturing and engineering, food and drink, transport and logistics and recruitment.

James Meakin, Head of Asset Based Lending in South West at Lloyds Banking Group, said: “The addition of David and Sinead to our team adds experience and further strengthens our local coverage. Our focus is on supporting our clients’ growth through our specialism in providing working capital and funding solutions.

“Developments within the team are geared towards supporting our wider goal to help Britain prosper. For businesses, this includes help for start-ups and increasing lending to SMEs and mid sized companies.”