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|Bibby Financial Services announces new leadership for its European operation|
|Monday, 08 June 2015|
Bibby Financial Services, the independent funder of choice for businesses across Europe, has appointed Steven Box as Chief Executive Officer for its European operations with the aim of growing the business across its eight markets, excluding the UK.
Mr Box joins from HSBC where he spent 35 years with the global bank, 20 of which were in receivables finance. His most recent role at HSBC was Global Head of Receivables Finance, a role he started in November 2014 having spent the previous three years as European Head of Trade, Receivables and Equipment Finance, covering 20 countries across the market. Prior to this, he was UK Managing Director of Invoice Finance from 2008 to 2012 and during this time, Mr Box helped to double the amount of funding to UK businesses from £1 billion to £2 billion, as well as growing profit before tax from £58m to £100m. His success in this role saw HSBC transfer the UK Equipment Finance and Trade Finance businesses into his UK portfolio to lead.
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