Bibby Financial Services announce Brendan Green as NSW State Manager

Bibby appoints Brendan Green as State Manager for NSW and ACT

• Sees continued growth opportunities for debtor finance

Australia, 12 October 2015:  GlobalDebtor finance specialist, Bibby Financial Services Australia, has appointed Brendan Green as State Manager for NSW/ACT to drive growth in the nation’s largest economy. The move follows the appointment of Allan Howe as State Manager in QLD last year.

Mr Green has 31 years’ experience in the banking and finance industry. He previously held senior commercial banking and marketing roles including Head of Cash Flow Finance at St George Bank between 2006 and 2010, and previously National Sales and Marketing Manager at Scottish Pacific for five years.

Brendan is also a past Chair and Deputy Chair of the Institute for Factors and Discounters of Australia and New Zealand (IFD), now known as the Debtor and Invoice Finance Association of Australia and New Zealand (DIFA).  During his tenure, the IFD was successful in achieving changes to the Personal Property Securities Act(PPSA) draft legislation, providing a solid foundation for the growth of the factoring and discounting industry.

Mark Cleaver, Managing Director Bibby Financial Services Australia and New Zealand, said: “Bibby has grown its lending support in the order of 15% over the past year to record levels, and Brendan’s appointment to State Manager NSW/ACT not only recognises his significant contribution to the NSW success story, but also his leadership and strategic acumen in the banking and finance areas. Under Brendan’s leadership we are committed to an ambitious NSW/ACT growth strategy into 2016 and beyond.”  

Brendan Green, State Manager NSW/ACT, said: “As a global leader in debtor and invoice finance, , we know that this solution remains underutilised by businesses in NSW and Australia generally. Real estate secured funding is still the default mode for many businesses but new funding sources which require less security and are more flexible  means the potential for growth here in NSW is exciting. Debtor Finance can be a smarter funding choice for business owners and advisers who don’t wish to pledge real estate security, and are looking for a more flexible funding solution which keeps pace with a business’ needs.

It’s these fundamentals which are driving the strong growth in our business as customers  “switch on” to the benefits of using the assets of the business to secure their working capital.

 The addition of progress claim finance and trade finance in recent months is also an exciting opportunity to service a broader base of SMEs in the construction, IT and import/export arenas”.

“The growth in the services sector presents a significant opportunity in NSW, where we have already built exceptional business development and client service teams to work with SMEs large and small. Having been with Bibby for three years and with experience in a banking environment, what immediately impressed me is Bibby’s genuine appetite to write business, its flexibility to accommodate clients’ needs and our responsiveness. I think there is enormous potential to communicate this to market and build on our strong local partnerships and it’s a particular aspect of this new role that really appeals to me.”