UK Export Finance appoints new head of Business Group
Tim joins British isles Export Finance (UKEF) from HSBC, the place he spent 34 a long time in a range of roles. He will carry a prosperity of experience and know-how to the function, in what is an interesting new chapter for UKEF.
Tim has an worldwide outlook and tested observe history assisting consumers develop their business internationally. At HSBC, he managed enterprises throughout Europe, the Americas and the Center East and North Africa, and was most just lately the Worldwide Head of Transaction Banking for the bank’s World wide Banking division.
In his new purpose, Tim will direct UKEF’s Organization Team, which is central to UKEF’s mission to aid viable British isles exports when personal sector finance or insurance coverage is unavailable. The Small business Group is responsible for functioning with prospects to orchestrate and execute transactions that stimulate exports.
Tim will assure that UKEF carries on to produce on its bold 2020-24 Business Approach, supporting far more Uk firms to export and continuing to finance enterprise as world-wide economies changeover to web-zero.
Louis Taylor, Chief Government for UKEF reported:
I am delighted to welcome Tim to United kingdom Export Finance and seem forward to doing the job with him as we increase our guidance for British isles exporters.
Tim will convey a prosperity of knowledge from a distinguished profession at HSBC and will deliver a distinctive feeling of path to the job.
Tim Reid, Enterprise Group Director for UKEF claimed:
I am delighted to have begun in my new position, supporting deals that will allow enterprises to develop and develop internationally.
For in excess of 100 decades, British isles Export Finance has been at the coronary heart of the government’s assistance for exporters, and I am very pleased to be signing up for the staff to assist extend the UK’s export financial system.
About UKEF
British isles Export Finance is the UK’s export credit score agency and a govt section, operating together-facet the Department for International Trade as an integral portion of its strategy and functions.
Established in 1919, it exists to assure that no feasible United kingdom export need to fall short for a deficiency of finance from the non-public industry. It presents finance and insurance policy to support exporters earn, fulfil and get paid for export contracts.
