Ray Lowrey appointed as UK Risk Director for Bibby Financial Services


Ray Lowrey, UK Risk Director
Ray Lowrey, UK Risk Director, Bibby Financial Services

Leading independent business funder, Bibby Financial Services (Bibby) has appointed Ray Lowrey as UK Risk Director.

First joining Bibby 15 years ago, Ray has held a variety of roles with the financier, including Operations Manager, Head of Operations, Business Director and – most recently – Deputy Risk Director.

A graduate member of the Chartered Institute of Credit Management, Ray was appointed as UK Risk Director, following Ian Ramsden’s appointment as Group Risk Director.

Speaking of his appointment, Ray said: “When I joined Bibby in 2001, I knew it had huge potential to grow into the leading funder it is today. Fifteen years on, I still have the same energy and enthusiasm for this fantastic business.”

“First and foremost, we’re a relationship-based funder and this means that we have a unique risk model, offering both flexibility and adaptability.”

With 27 years’ experience in financial services – 25 of which in invoice finance – prior to joining Bibby, Ray held a variety of risk and operational roles with Alex Lawrie Factors, VW Financial Services and Bank of Scotland (including Kellock and Capital Bank).

In his new role, Ray will head-up a team of more than 40 people via seven direct reports.

Ray added:As a function, our risk team has gone from strength-to-strength in recent years and we have been able to recruit and retain some of the industry’s leading talent in this field.

“Our aim is to continue to support Bibby’s growth aspirations by ensuring that we maintain a commercial, supportive yet robust risk approach. I’m delighted with the opportunity to lead such a strong team.”

Commenting on Ray’s appointment, Ian Ramsden, Global Risk Director said: “Ray’s experience, drive and commitment has been vital to the success of Bibby over recent years and under his leadership, I’m confident our risk function will continue to effectively support our growth aspirations in the UK over the coming years.”

In 2015, Bibby successful refinanced through securitisation - a process which saw the funder increase its total UK funding available by over £290m to £770m.


Posted by on 25 May 2016.