New BFS Global CEO appointed

Bibby Financial Services appoints Jonathan Andrew as Global CEO

Bibby Line Group has today announced that Jonathan Andrew will join its Bibby Financial Services business as Global CEO on 1st September.

Jonathan joins the leading independent financial services company having served as Global Chief Operating Officer at Peac Finance, an International B2B lender focussed on supporting SMEs with their financing requirements.

Additionally, he serves as non-executive Chairman of Arkle Finance Limited, part of Weatherby’s Banking Group.

Previously Jonathan was Global Chief Executive of Siemens Financial Services, Commercial Finance, with presences in 16 countries across the globe and over 2,000 employees.

Prior to which he was Chief Financial Officer International, Gateway Inc., and has held various international leadership roles in GE Capital.

He was a founder and Patron of the Leasing Foundation and has been recognised as the European CEO of the year and as Leasing Life’s Industry Ambassador of the year.

The appointment follows current Global CEO David Postings’ decision to step down from the role after nine years. David will remain with the business during a transitional period to ensure a smooth hand-over.

John Cresswell, Bibby Line Group CEO said: “We are delighted to attract a leader of Jonathan’s calibre to Bibby; his commitment to customer service and unique sector experience make him ideal for this role, and I am looking forward to him leading our financial services business in its next phase of development.

“With the sale of BFS’s US business bolstering liquidity and the restructuring programmes delivered this year, David will leave the business in a great position to grow as the UK economy recovers from the impact of the coronavirus pandemic. I’d like to take this opportunity to thank David for his support and commitment over the last nine years.”

Jonathan Andrew said: “I am very pleased to join such an innovative, values-led company that is truly committed to customer service and colleague development. I look forward to meeting the team and developing BFS in its next stage of growth in these dynamic global markets.”

22 July 2020

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