GE Capital Commercial Finance has announced the launch of a Corporate Finance Division and a new Scottish office, resulting in changes of responsibility for key personnel.
Ian Jamieson has been promoted to Managing Director of the new Corporate Finance Division. This division has been segmented from the core commercial finance business and will focus on funding larger transactions, typically where the funding value is in excess of Ј12.5 million.
Steve Merchant, Regional Director for Wales and South West England will now also take responsibility for the Midlands following Barry Lee's acceptance of a position in the Corporate Finance Division as USA and European Development Manager.