Invoice finance provider Bibby Financial Services has appointed Mark Storey as managing director for Yorkshire and the North East.

Reporting into regional managing director Jim Brydon, Storey will have overall managerial responsibility for Bibby Financial Services in the Yorkshire and North East regions. He will be tasked with delivering local profit, new business and operational targets within these regions.

Storey, who will be based across the company’s offices in Yorkshire and Sunderland, joins Bibby Financial Services following 14 years at Lloyds TSB Commercial Finance (formerly Alex Lawrie Factors). Prior to this, he spent 12 years at Lloyds Bank, an organisation he joined straight from school.

Storey said: “The financial services industry is in the midst of one of the toughest trading periods in its history