Bibby Financial Services has appointed Ray Lowrey as UK risk director.

First joining the business funder 15 years ago, Lowrey (pictured) has held a variety of roles with the financier, including operations manager, head of operations, business director and – most recently – deputy risk director.

A graduate member of the Chartered Institute of Credit Management, Lowrey was appointed as UK risk director following Ian Ramsden’s appointment as group risk director. 

Lowrey said: “When I joined Bibby in 2001, I knew it had huge potential to grow into the leading funder it is today. 15 years on, I still have the same energy and enthusiasm for this fantastic business.

“First and foremost, we’re a relationship-based funder and this means that we have a unique risk model, offering both flexibility and adaptability.

“As a function, our risk team has gone from strength-to-strength in recent years and we have been able to recruit and retain some of the industry’s leading talent in this field.

“Our aim is to continue to support Bibby’s growth aspirations by ensuring that we maintain a commercial, supportive yet robust risk approach. I’m delighted with the opportunity to lead such a strong team.”

Ramsden added: “Ray’s experience, drive and commitment has been vital to the success of Bibby over recent years and under his leadership, I’m confident our risk function will continue to effectively support our growth aspirations in the UK over the coming years.”