People: Secure Trust Bank; Gateley Legal; Victoria

Carl Pykett
Secure Trust Bank Commercial Finance (STB CF), the asset-based lending (ABL) arm of Secure Trust Bank, has announced the appointment of Carl Pykett as its new senior portfolio director.
Carl brings over two decades of corporate finance and restructuring experience to the role, where he will work closely with key portfolio stakeholders to assist clients in driving growth. Based in the firm’s Birmingham office, he will support businesses nationwide across the STB CF portfolio.
He joins STB CF from Lloyds Development Capital, part of Lloyds Banking Group, where he was a portfolio director, working with senior management teams within portfolio businesses to deliver strategic and operational support across a variety of sectors.  Carl was a non-executive director on various boards and helped to deliver growth, both organically and through bolt-on acquisitions. He also completed a number of successful investment exits, delivering positive returns to investors.
Carl said: “Secure Trust Bank has a strong reputation for delivering industry-leading facilities to businesses across the UK, and I’m excited to join a dynamic team. In my new role, I will be supporting clients across a wide range of sectors, helping them navigate challenges and unlock further growth.
“Having worked with of both privately owned and private equity firms over the years, this new role will allow me to leverage this experience, supporting businesses across the UK. This is a great time to come on board, with significant opportunities for growth as we are committed to strategic expansion over the coming years.”
James Hodkinson, managing director at Secure Trust Bank Commercial Finance, said: “Carl’s extensive experience working with private equity firms and other sponsors aligns perfectly with our increasing focus in this space. His expertise will help us continue to build strong and long-lasting relationships with the businesses we support. His appointment will be invaluable in helping us to continue growing and we’re all excited to have him on board.”

 

Kay Baki and Naomi Ramsay

Gateley Legal has strengthened its private client team in Birmingham with the arrival of two new solicitors.

Naomi Ramsay has joined from Wilkes and Kay Baki has joined from Shakespeare Martineau.

The duo will support Gateley Legal’s clients in the private client space in Birmingham and further afield, advising on matters from estate planning to trust and estate administration.

Ramsay said: “Gateley Legal is a modern and forward-thinking business and I’m delighted to join the team, especially at a time of growth within the private client team.”

Baki said: “I’m excited to join such a strong and experienced team and look forward to helping the business continue to provide best-in-class service for our clients.”

Sean Williams, partner and head of Gateley Legal’s private client team said: “We’re excited to welcome Naomi and Kay to the team in Birmingham. They both bring with them strong experience in the private client space, and a passion to continue developing, which I am sure will see them go from strength to strength.”

 

Victoria PLC, the international designer, manufacturer and distributor of innovative flooring, has announced the planned appointment of Alec Pratt to the board as Chief Financial Officer Designate, who will replace Brian Morgan after three years of service as Victoria’s Chief Financial Officer in June.

Alec will join Victoria as an executive director with Brian remaining in his role as CFO until late June to ensure a smooth transition. Thereafter Brian has agreed to continue to be available as needed to assist Victoria for up to three months.

Alec joins from Deutsche Bank where he was most recently Co-head of EMEA Financial Sponsor M&A. He is an experienced senior finance leader having spent 16 years in investment banking. Throughout this time, he has advised many listed and private companies on significant M&A transactions, executed equity and debt raises of various types, and built teams and businesses within banks. Previously he spent four years at Numis growing their UK public M&A business, and 11 years at J.P. Morgan where he was an Industrials coverage banker focusing on the built environment. Over his career he has advised numerous UK listed building materials manufacturers and distributors at every stage of the business cycle.

Geoff Wilding, Chairman, commented: “Brian has made a valuable contribution to Victoria’s long history by helping to integrate the Group’s largest acquisition whilst transforming the finance function across the group and head office. With the negotiated refinancing of VCP’s debt now well advanced, Brian decided to seek a role outside Victoria and the Board would like to thank him for his time at the company.

“On behalf of the Board and all at Victoria, we are delighted to welcome Alec as our CFO-Designate. Alec adds to the strong bench of management talent carefully built at Victoria over the last 12 years. He is uniquely qualified to take on this role and his considerable finance and capital markets experience will be extremely beneficial for Victoria’s continued growth and we look forward to updating shareholders on our progress.”

Alec Pratt, CFO-Designate said: “I am pleased to be joining the ambitious team at Victoria plc as they continue to build a diversified international flooring business. Victoria’s leading brands and differentiated service offering provide a compelling customer proposition that has delivered strong returns through-the-cycle. I am excited to be joining the business at this time to drive operating and capital efficiency to provide a strong platform for the company’s next phase of growth.”

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