Bibby Financial Services appoints new Australia and New Zealand boss

appointments/dealer-group/chief-executive/

6 February 2013
| By Staff |
image
image image
expand image

Global debt finance specialist Bibby Financial Services has appointed Mark Cleaver as the company's managing director for Australia and New Zealand.

Cleaver, who has worked for Bibby for the past 16 years and is currently the regional chief executive of the company's European operations, will relocate to Australia in April.

Bibby chief executive for Asia Pacific, Ian Watson, said Cleaver's track record of growing the business in Europe made him ideally suited to the new role.

In his role in Europe, Cleaver transformed a three-market region into a seven-market region, "significantly expanding the business in Central and Eastern Europe", said Watson.

Before the regional chief executive role, Cleaver held various leadership positions at Bibby including group managing director of the company's UK-based businesses.

"Bibby's Australian business has grown at an average rate of 20 per cent per annum in recent years, and we anticipate further growth of 20 per cent in 2013 due to increasing awareness of debtor finance," Watson said.

Cleaver noted that the Australian and New Zealand arm of Bibby was one of the biggest among the 25 businesses in the group.

"Despite its impressive scale, there remains considerable opportunity for further growth in the market and I look forward to steering the business on the next stage of its journey," said Cleaver.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 3 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 5 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo