Allica Bank has made four appointments to its team to boost its operational capacity in commercial property finance and asset finance lending.

All four will be focused on developing Allica Bank’s broker distribution channel.

Michael Mann and Maria Fraughan join the bank as business relationship managers, specialising in commercial mortgages. Mann has more than 20 years’ experience in the financial services industry across corporate and commercial markets, while Fraughan has worked in high-street banking for more than 30 years, with the last five years in the broker arena.

Allica Bank said Daniel Kneafsey and Craig Edwards’ appointments reflect its ambitions to continue to expand the footprint of its new asset finance division, which launched earlier this year.

Nick Baker, managing director – intermediaries at Allica Bank, said: “I’m delighted to welcome Maria, Michael, Daniel and Craig to our award-winning business relationship manager team. They bring with them over 80 years of experience and expertise across commercial mortgages and asset finance, and will help us continue to deliver the first-class service the broker community has come to know and expect from Allica.

“This expansion of the team will further support our unrelenting focus on helping established SMEs get the finance they need as the country rebounds from the challenges of the past 12 months.”