Metro Bank, the entrepreneur’s bank, has today announced the appointment of Kevin Craven as Head of Invoice Finance - a newly created role. Kevin will report directly to Richard Saulet, Director of Invoice and Asset Finance.
With over 20 years’ of invoice finance and asset based lending experience, Kevin will be responsible for spearheading Metro Bank’s invoice finance business.
Kevin joins the leading challenger bank from Bibby Financial Services where he led the corporate sales team before taking up the position of Corporate Risk Director. Prior to Bibby, Kevin headed up the corporate division at HSBC Invoice and Equipment Finance for over 9 years.
Commenting on his appointment, Kevin said: “I am delighted to have the opportunity to join such a forward thinking organisation as Metro Bank. I have watched with interest the growth of the bank since its launch in 2010, and am really excited to be able to use the experience that I’ve gained over the past two decades, to help grow and develop the business further.”
Richard Saulet, Director of Invoice and Asset Finance at Metro Bank said: “I’m delighted to welcome Kevin to the growing team. Kevin brings with him extensive experience and a real desire to do the right thing for customers. His insights and attitude will be a great asset for us as we continue to revolutionise banking for customers.”
Metro Bank’s latest development follows strong Q2 results for the leading challenger bank, which saw a 110% year-on-year increase in lending, with loans to commercial customers representing 35% of total lending. The bank also reported a 74% year-on-year growth in deposits to £6.6bn, 52% of which was from business customers.