Alternative finance firm Sancus Finance announced on Wednesday it has appointed Dan Walker as its new managing director. Walker will replace Caroline Langron as Managing Director of Sancus Finance in January 2018.
According to Sancus, Walker brings with him a wealth of experience gained in advisory, execution and leadership roles. A qualified lawyer, he spent the first part of his career at Linklaters advising clients with respect to a range of financing transactions including acquisition finance, property finance, trade finance and corporate loans. He then joined Lloyds Banking Group where he was responsible for structuring, negotiating and executing a range of structured finance transactions focussed on optimising the bank’s capital and funding position and providing corporate finance advisory solutions for its clients.
Walker joins Sancus from Varengold Bank, where he managed the Bank’s London office, which included overseeing trading, operations and the structuring teams with a focus on originating and executing equity finance, real estate, and receivables financing transactions.
“The alternative finance market has an important role to play in meeting the financing needs of businesses today. The opportunity to join a growing and dynamic business in this sector, with such strong lending principles and access to large funding pools, was impossible to ignore.”
Andrew Whelan, CEO of Sancus BMS Group also commented:
“We are delighted that Dan has decided to join the business. His pedigree is excellent and will support our ambitious plans not only for Sancus Finance but for the wider Group. He has deep technical knowledge of the challenges that businesses face when looking to secure financial solutions and has a proven track record in delivering relevant and practical solutions to support client growth.”
“I would also like to thank Caroline for her commitment to the business during her tenure. Having joined the business in 2014, she has been instrumental in resetting its strategy, developing stronger working capital propositions and processes and building a talented team beneath her. We fully understand her decision and are delighted to announce that we have secured her services from January in a non-executive consultant role, supporting Sancus with some key growth projects.”
Walker’s appointment news comes just a few months after the company launched its funding platform for businesses looking to participant in financing. The Sancus BMS Group, the parent of Sancus Finance, has provided in excess of £700 million of funding to SMEs and entrepreneurs over the last four years.