Aldermore has appointed Glenn Souter as business development manager (BDM) in its invoice finance team for London and the South East.

Souter has over 20 years’ experience in the invoice finance industry, most recently working at Close Brothers, the merchant banking group, as deputy head of sales.

Prior to working at Close Brothers, he held roles at Hitachi Capital, the finance solutions provider, and HSBC where he worked for over 15 years.

The new hire is designed to strengthen Aldermore’s presence in London and the South East, providing businesses in the region with invoice finance and asset based lending services.

Chris Meldrum, national business development director at Aldermore, said: “It’s great to welcome Glenn into our invoice finance team. Glenn really knows the ins and outs of the invoice finance sector and his appointment will further expand our strong offering to clients.”

Souter added: “I’m delighted to be joining the experienced team at Aldermore. Having worked within the invoice finance industry at both high street bank and an independent funder level, I saw Aldermore as a perfect match for my skill set. I’m looking forward to getting the word out there about how Aldermore can support businesses during these very testing times.”