Time Finance has made several changes to its senior management team, with Steve Nichols, Sharon Bryden, and Lorraine Neyland assuming new titles and expanded roles. Steve Nichols, previously the director of asset finance, has been promoted to managing director of asset finance, giving him additional responsibility for overseeing the group’s asset finance performance.
Sharon Bryden, who is the group head of operations, now has greater involvement in risk management within the invoice finance division. Her close relationship with the invoice finance team has contributed to her expanded duties. Lorraine Neyland, previously the director of risk, has taken on the new title of group risk director, reflecting her broad role in managing risk across the company.
These changes are part of Time Finance’s strategic five-year growth plan, aiming to drive further progress by entrusting its senior leaders with more advanced responsibilities. CEO Ed Rimmer expressed his confidence in the team, highlighting the experience and talent of Nichols, Bryden, and Neyland. He looks forward to working closely with them to ensure a successful financial year in 2024/25.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.