Specialist business financier Absolute Invoice Finance has appointed Stephen Harpur as central risk manager.

He has 20 years’ experience in the invoice finance industry, having previously worked as head of client relations at RBS Invoice Finance and, more recently, as head of risk at Bibby Invoice Discounting.

In his new role, Harpur will work across Absolute’s network of six UK offices, consulting on the firm’s largest client accounts, sanctioning and overseeing portfolio reviews, and advising on clients of concern and fund recovery.

Stephen’s appointment follows the merger of Absolute with Aldermore Bank PLC, in a move that saw Aldermore acquire the business from Absolute’s former parent, AnaCap Financial Partners.

Harpur said: “Absolute is a highly capitalised business following its merger with Aldermore