Bank appoints new area director of SME manufacturing

Lloyds Bank Commercial Banking has appointed a new area director for SME manufacturing in the East and West Midlands.

Richard Jenkins will lead the 10-strong Midlands SME manufacturing team, supporting firms with an annual turnover between £1m and £25m.

He joined Lloyds Bank in 2015 as area director for SME banking in the Black Country, and brings over three decades of banking and manufacturing experience to his new role.

Richard’s predecessor was Andy Moss, who was recently appointed as director for mid-markets in the West Midlands at Lloyds Bank Commercial Banking.

Jenkins said: “Andy and his team have done fantastic work supporting thousands of ambitious manufacturers across the Midlands.

“Our region is home to some of the most innovative, fast-growing manufacturing businesses in the country, and my new role gives me the exciting opportunity to help them continue on their upward trajectory. Indeed, as a bank we’ve funded more than £4bn to the manufacturing sector, meeting our four year commitment early.

“I’m looking forward to working with the team to continue supporting manufacturers in the industrial heart of the UK.”