Henry Howard Finance Group has announced a new Group Chief Financial Officer to support the independent funder’s continued growth.
Mark Tweed, FCA, from Cowbridge in South Wales, joins Henry Howard Finance on Monday 1 October 2018, where he will take up responsibility as Group CFO and Head of Legal. Mark joins from Opel Vauxhall Finance, where he was held various pan European CFO and CEO roles and has spent the last 16 years in the Asset Finance sector.
Mark commented “Henry Howard Finance is at an extremely exciting point of its evolution; growing originations significantly since commencing funded business, developing its highly successful broker model and building out operational capability to continue to deliver best in class service to its customers. I am very proud to be joining Mark and the team and I look forward to helping drive the future success of the business”.
The appointment follows the company’s announcement of exceptional half year figures, highlighting income from asset-based lending activities up 30% year on year alongside a year on year increase of 50% per cent in own book lending.
Commenting on the appointment, Mark Catton, CEO of Henry Howard Finance, said: “Mark’s appointment is a real coup for us and I’m delighted he’s joining us. Mark is an outstanding talent and brings a wealth of experience and fantastic reputation in the sector, and locally. We continue to strengthen our team, having added over a dozen new key appointments over the past 6 months or so, as we invest in our platform and position ourselves as a leading funder to SMEs.”
The current CFO, Mark Burn, will be leaving Henry Howard Finance to take up a role closer to his family home. Mark Catton said “We are extremely grateful to Mark for all he has achieved during his four years with the company, and he leaves with our thanks and very best wishes for the future.”