Wesleyan Bank, a specialist provider of commercial finance solutions, has appointed David Brownbill as its new Head of Indirect Sales. Brownbill, who will be based from the company’s headquarters in Birmingham, will report to Director of Sales and Marketing, Simon Welling.
Wesleyan Bank is a subsidiary of leading financial services mutual Wesleyan Assurance Society, which has over £7 billion of assets under management. The company provides tailored finance solutions to UK SMEs, professions and IT vendors and resellers. These comprise short, medium and long-term loans to cover investments in IT and specialist equipment, cash flow expenditure, partner equity loans, business acquisitions and commercial mortgages.
David Brownbill will have responsibility for Wesleyan Bank’s vendor team in addition to overseeing its relationships with brokers and affinity partners, which include the Law Society of England and Wales and the Law Society of Scotland.
Brownbill joins from Paragon Asset Finance and has amassed 28 years’ experience in a variety of senior corporate finance positions. Prior to joining Paragon, David spent seven years as Regional Director at Santander Asset Finance and he has also held sales management roles with GE Capital and Royal Bank of Scotland in which he recruited and developed asset finance teams which presided over high-value commercial relationships.
Steve Deutsch, Chief Executive of Wesleyan Bank, comments, “David has an excellent reputation within the finance industry and joins the business at an exciting period on the back of a strong half-year performance. This appointment underlines our commitment to enhancing our solutions and services for our customers and his experience will be invaluable in influencing our indirect sales strategy.”
Simon Welling, Director of Sales and Marketing of Wesleyan Bank, says, “Having worked with David previously I am confident that he is the right fit for the business. His forward-thinking approach and vast commercial experience will make him a vital addition to the team.”
David Brownbill adds, “I am relishing the opportunity to work for an established and progressive business. Wesleyan Bank is ideally positioned to build on its longstanding success by broadening its product proposition within its chosen markets, in addition to driving growth in the education and medical sectors through a relationship driven model with key vendor partners.”