Commercial News

Ultimate Finance streamlines sales team as Waldman steps down

Rozi Jones -
|
13th May 2019
Richard Waldman Ultimate Finance
"The implementation of this streamlined sales structure will bring enhanced support to our multi-product offering and drive synergies across the business."

Richard Waldman, group sales director at Ultimate Finance, has stepped down amid structural changes to the sales team.

A single, unified sales team has been created to bring together asset finance, invoice finance, trade finance, bridging and loans.

Andrew Ribbins will lead the new combined sales team following the departure of Richard Waldman.

Earlier this year, Ultimate Finance appointed Josh Levy as its new chief executive officer.

Josh Levy said: “The implementation of this streamlined sales structure will bring enhanced support to our multi-product offering and drive synergies across the business.

“These changes allow us to grasp the market opportunity in front of us and provide even more good funding to help our clients achieve their goals.

“I would like to thank Richard Waldman for playing a major role in the growth of our lending book since 2015. Andrew’s significant industry experience and knowledge makes him the ideal person to lead our new streamlined sales function.”

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