Grimshaw has been a director of the association since 2009 and was vice chairman from 2011.
Following an election of directors at its AGM at the Westminster Park Plaza back in November, Grimshaw was appointed as chairman at the first NACFB Board meeting of the New Year held on 10th of January.
Grimshaw said: “Having recently celebrated the NACFB’s 20th Anniversary and been closely involved as a main board member in guiding the association through four years of tremendous change in our industry.
“I am delighted to have been voted into the chair for the next two years, and I believe that during this period we will experience the defining moments on our road to recovery. We start this year in our prestigious new offices in London. I am very excited about the challenges and opportunities that are ahead of us.
“Our main focus this year includes training and education, increasing our brand awareness and providing more benefits for our members. I am pleased to be able to continue to work with NACFB chief executive Adam Tyler and our team in the new London office as well as a very strong board of directors. With this in mind I feel very confident that all our objectives will be achieved.”
Tyler added: “I have worked alongside Marcus even before his appointment four years ago, I am delighted that the Board has decided to appoint him as chairman for the next two years. I have no doubt that 2013 will be another challenging but exciting year for the NACFB and all commercial finance brokers, so it is vital that the association has a strong board to guide its members through another uncertain period.”