SOURCE: Bibby Financial Services

Bibby Financial Services

February 02, 2011 17:36 ET

Bibby Financial Services Names CEO, Americas

Leigh Lones to Lead U.S. and Canadian Factoring Operations

CHICAGO, IL--(Marketwire - February 2, 2011) - Bibby Financial Services is pleased to announce the appointment of Leigh Lones to CEO, Americas. In her role, Leigh will be responsible for driving the growth of Bibby Financial Services' Americas region including its U.S. and Canadian offices.

For the past year, Leigh has been interim CEO for Bibby Financial Services in the Americas region. During that time she has set high standards for customer service and best practices in every aspect of the operations of the company and its subsidiary, FreightCheck. She oversees six full-service offices and three sales centers that specialize in creating cash flow for small and medium-sized businesses in industries ranging from apparel to manufacturing, transportation, staffing and other industries well suited for receivables financing.

Leigh joined this subsidiary of the privately held, U.K.-based Bibby Line Group in 2006 as Risk Director, following a successful career in the banking and asset-based lending industries. Her credentials include management positions at Bank South, Citicorp, Congress Financial, First Union and Citizens Business Capital, part of the Royal Bank of Scotland. Her accomplishments include overseeing international and domestic portfolios and business acquisitions.

David Robertson, Global Chief Executive of the Bibby Financial Services Group said, "Leigh has been an outstanding performer in her interim capacity and has played a significant role in positioning the company for future growth in the marketplace."

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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