Aldermore has appointed Jon Flagg as risk director for asset finance and Clive Gould as risk director for invoice finance.
Flagg has over two decades of asset finance risk experience, holding senior positions at National Australia Bank and HSBC, and joins the bank from GE Capital.
Gould has a similar wealth of experience, and brings 24 years of industry insight to Aldermore. He joins Aldermore from Close Brothers Invoice Finance where he was most recently in the credit risk director role.
Carl D’Ammassa, group managing director at Aldermore, said: “Last year, Aldermore’s Business Finance division originated £1 billion in new lending so it is vital that we maintain a strong and effective risk management function.
“The wealth of experience that Jon and Clive bring to the Bank will help us to continue to manage the division’s risk appetite in a prudent and transparent way.”