Nathan will lead the bank’s asset finance team and bolster support for SMEs and mid-corporate-sized businesses.
He became a specialist in asset finance 10 years ago and was previously an associate director within the team.
He has also served in the commercial banking arms at Santander and HSBC over the course of his 18-year career in the sector.
The appointment comes as Lloyds Bank has recorded significant growth in demand for asset finance, with lending in the first quarter of 2023 in the regions up by 37% compared to the same period in 2022.
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Nathan’s promotion follows the retirement of Matt King, who had led the team for four-and-a-half years, rounding out a 36-year career in the industry.
Commenting on his appointment, Nathan said: “It’s an exciting time to be in asset finance [as] firms want to be fleet of foot and able to invest quickly.
“Our main priority is being able to move fast to help them identify, purchase and install assets so that they can pursue growth and serve their customer base.
“We want to implement funding as soon as possible from the first enquiry, and I know that’s helping firms to seize on opportunities as they come around and help grow the region’s economy.”
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