Aldermore names Tim Boag as group managing director of business finance

Aldermore, the specialist bank, has appointed Tim Boag as its new group managing director of business finance.

He has been working on an interim basis at Aldermore since June last year with overall responsibility for invoice finance, asset finance and commercial real estate.

Boag (pictured) has held a variety of roles with RBS and NatWest, most recently as managing director in corporate and commercial coverage. He was also on the management board of Lombard Asset Finance and was a director on the board of the Business Growth Fund (BGF), a company established to invest directly in SMEs.