Secure Trust Bank Commercial Finance (STB CF), the asset-based lending arm of Secure Trust Bank, has appointed Carl Pykett as its new senior portfolio director.
Carl brings over two decades of corporate finance and restructuring experience to the role, where he will work closely with key portfolio stakeholders to assist clients in driving growth. Based in the firm’s Birmingham office, he will support businesses nationwide across the STB CF portfolio.
He joins the Bank from Lloyds Development Capital, part of Lloyds Banking Group, where he was a portfolio director, working with senior management teams within portfolio businesses to deliver strategic and operational support across a variety of sectors. Carl was a non-executive director on various boards and helped to deliver growth, both organically and through bolt-on acquisitions. He also completed a number of successful investment exits, delivering positive returns to investors.
This latest appointment follows the recent promotion of James Hodkinson to managing director.
Commenting on his appointment, Carl said: “Secure Trust Bank has a strong reputation for delivering industry-leading facilities to businesses across the UK, and I’m excited to join a dynamic team. In my new role, I will be supporting clients across a wide range of sectors, helping them navigate challenges and unlock further growth.
“Having worked with of both privately owned and private equity firms over the years, this new role will allow me to leverage this experience, supporting businesses across the UK. This is a great time to come on board, with significant opportunities for growth as we are committed to strategic expansion over the coming years.”
James Hodkinson, managing director at Secure Trust Bank Commercial Finance, said: “Carl’s extensive experience working with private equity firms and other sponsors aligns perfectly with our increasing focus in this space. His expertise will help us continue to build strong and long-lasting relationships with the businesses we support. His appointment will be invaluable in helping us to continue growing and we’re all excited to have him on board.”
