SOURCE: Bibby Financial Services

Bibby Financial Services

February 16, 2011 12:41 ET

Bibby Financial Services Boosts California Operations

Fortunato, Madsen, Beriau Promoted to New Positions

LOS ANGELES, CA--(Marketwire - February 16, 2011) - Bibby Financial Services is pleased to announce three promotions and staff changes in the West Coast.

Anthony Fortunato, underwriter for Bibby Financial Services Midwest, will relocate from Chicago to Phoenix to support BFS's West Coast operations, which include full-service offices in California and Phoenix and a client service center in Sacramento. He brings 15 years of industry experience and has worked for Bibby Financial Services for two years as an underwriter. Originally from the West Coast, Fortunato is looking forward to servicing clients from this important region.

Kristina Madsen has moved into an underwriting position from an account executive role. Madsen is a 6-year Bibby Financial Services employee with an outstanding customer service track record and years of managing clients, which will benefit her in this new position.

Stephen Beriau, who joined Bibby Financial Services in 2006 through BFS's graduate trainee program, has been promoted to operations manager of our southern California office. Beriau looks forward to providing fast and flexible funding to our West Coast clients.

All report to West Coast Managing Director Nick Hart.

"Bibby Financial Services is a 203 year-old, family-owned company that is proud to provide opportunities for growth to our employees as the company expands," said Leigh Lones, CEO, Americas. "We are confident in Anthony, Kristina and Stephen's abilities to fulfill their new roles and happy to see their careers progressing at Bibby Financial Services."

Bibby Financial Services is a worldwide market leader in business cash flow solutions to small and medium-sized companies. With offices in eight North American cities and 13 countries around the world, its product portfolio includes accounts receivables finance, factoring, export finance, purchase order finance, specialist solutions for the staffing and trucking sectors, and it is an approved lender for the Export-Import Bank's working capital guaranty delegated authority program. Bibby Financial Services is a subsidiary of a 203-year-old privately held company based in the United Kingdom.

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