Aldermore has promoted three of its key personnel Nick Smith, John Dodsworth and Ross McFarlane in a recent restructuring of its invoice finance business.

Reporting to Invoice Finance managing director Damon Walford, Nick Smith takes on the role of regional managing director for the Northern Region, Ross McFarlane takes on the role of regional managing director for the South & Midlands and John Dodsworth becomes strategic development director.

Walford said: “Nick, Ross and John have all held senior positions within Aldermore Invoice Finance and therefore have considerable experience of both the business and the market in which it operates.

“The restructuring, announced prior to Christmas, has enabled us to streamline the business in preparation for the implementation of ambitious growth plans during 2013 and beyond.

“We’re in good shape to meet the challenges of a demanding market and I have full confidence that under the expert guidance of Nick, Ross and John, Aldermore Invoice Finance will continue to go from strength-to-strength.”