Bibby Financial Services (BFS) has announced new strategic transitions to its U.S. team as the company continues to serve small and medium-sized enterprises across industries with its Asset Based Lending, Factoring and Transportation Finance offerings. Todd Ferrara has been appointed Chief Administrative Officer for North America and Melissa Smith has accepted the role of Head of Operations for the U.S.
In addition to Ferrara’s current responsibilities, he will provide leadership and oversight to the Operations team reporting directly to Ian Watson, CEO of Bibby Financial Services North America. As interim Head of Operations, Smith successfully managed the daily functions of the team and her permanent appointment will allow both the Factoring and Asset Based Lending Operations to be managed by one leader to align with the recent reorganization of the BFS Sales team.
“Both Todd and Melissa have remarkable records of success within their careers and we are thrilled to have them appointed to these leadership roles,” said Ian Watson. “Todd has established himself as an invaluable part of the BFS team across multiple business functions, strengthening our overall approach. By combining the Factoring and Asset Based Lending operations under Melissa, we’ll be able to bring together a diverse team of experts to better serve our clients and further support our business growth.”
About Bibby Financial Services
Bibby Financial Services is a leading independent financial services partner to more than 10,250 businesses worldwide providing more than $1.25 billion in funding annually and handling $11.6 billion in annual client turnover globally. With over 44 operations in 13 countries spanning Europe, North America and Asia, we provide asset-based lending and factoring solutions to help businesses grow in domestic and international markets. Established in 2001, Bibby Financial Services North America has seven offices in the U.S. and Canada that support businesses in virtually any industry. We hold memberships in the Commercial Finance Association, the International Factoring Association, and the American Finance Association. Bibby Financial Services is part of Bibby Line Group (BLG), a diverse and forward-looking family business with over 200 years’ experience of providing personal, responsive and flexible customer solutions. To find out more about Bibby USA and Bibby Canada, please visit www.bibbyusa.com or www.bibbycanada.ca.