Commercial News

Praetura promotes Simmons to board

9th January 2018

Praetura Asset Finance has announced the promotion of Ric Simmons to the board of directors.

Following another record-breaking year for the independent asset finance funder, the newly created role of sales director is part of the next growth phase for the company.

One of the original members of the team that established Praetura Asset Finance just five years ago, Simmons has worked in the asset finance industry for over 15 years.

Mike Hartley, managing director at Praetura Asset Finance, said:

“Having worked with Ric for a number of years, I have watched his progression with pride and this promotion is very much deserved.

“We are in a fortunate position to have built a team at Praetura with a wealth of knowledge and expertise. I am confident that Ric’s promotion to the board will prove integral in continuing to move our company forward."

Ric also commented:

“These are exciting times at Praetura and I’m delighted to have been given this opportunity.

I am lucky enough to work with one of the best groups of people in the industry, but we are also ambitious and want to do much more.

I am looking forward to helping shape the future of the business and taking our amazing sales team to the next level as the company evolves”.

MD Mike Hartley concluded:

“We are seeing both our business and the asset finance market go from strength to strength. But there’s still a lot to do; with far too many SMEs not fully understanding the wealth of options that asset finance can make possible for their business.

“We have great plans for 2018, Ric’s promotion to the board is just the start!”

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