Skipton Business Finance has strengthened its senior leadership team with the appointment of Katrina Nolan as head of restructuring and recoveries, bolstering its capacity to manage complex portfolios and support clients through financial challenges.
In her new role, Nolan (pictured) will work closely with the client service team on the day-to-day management of at-risk clients, developing strategies in collaboration with senior management and the chief operating officer.
She will also assist the operations team in implementing early-intervention measures, overseeing debt reviews and book valuations, and assessing asset-based lending facilities against independent appraisals.
Nolan joins from Close Brothers, where she was recoveries manager for the north, responsible for commercial and corporate lending portfolios.
Her earlier career includes senior roles at Moorepay and HBOS/Lloyds Banking Group, providing extensive experience in customer relations, risk management and business recovery.
Nolan said: “I’m delighted to be joining Skipton Business Finance at such an exciting time for the business. SBF has a strong reputation for its client-focused approach and its ability to support SMEs through every stage of their journey.
“I’m looking forward to working with colleagues across the business to help our clients achieve the best possible outcomes during times of financial pressure.”
Michelle Wilson, chief operating officer at Skipton Business Finance, added: “Katrina brings a depth of experience and a practical, people-centred approach to recoveries and restructuring.
“Her appointment strengthens our operational resilience and ensures we continue to support our clients responsibly and proactively when challenges arise. We’re delighted to welcome her to the team.”
