Wells Fargo Capital Finance Hires Nick Lawrence to Lead European Expansion of Supply Chain Finance
August 18 2015 - 12:00AM
Business Wire
Wells Fargo Capital Finance, part of Wells Fargo & Company
(NYSE:WFC), announced that Nick Lawrence has been appointed as
managing director for Supply Chain Finance (SCF) as it finalizes
the build out of its European platform to support all three
international products, Channel Finance, Supplier Finance and Sales
Finance.
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Nick Lawrence, Managing Director, Wells
Fargo Capital Finance (Photo: Business Wire)
Lawrence joins Wells Fargo from GE Capital Bank Limited in
London, where he served as a commercial leader in the Commercial
Distribution Finance business. Along with his experience in
cross-border trade receivables financing and supply chain finance,
he brings extensive commercial sales experience specializing in
helping manufacturer’s and their distribution channel partners grow
their revenues. Lawrence spent the last 10 years of his career with
a strong focus on the technology sector providing products and
solutions for global corporations designed to optimise working
capital and cashflow, manage risk and keep supply chains
stable.
Based in London, Lawrence will oversee the SCF business in
Europe by developing market strategies, originating new SCF
programs, and expanding new and existing supplier and vendor
relationships. His appointment, under the leadership of Steve
Hopkins, head of Supply Chain Finance, demonstrates the next stage
of Wells Fargo Capital Finance’s international expansion in
Europe.
“Nick brings extensive knowledge to his role with over 25 years
of experience in the financial services arena,” said Hopkins.
“Supply chain financing is increasingly important in international
trade as dynamic trends in the global market continue to add
complexity. Nick’s ability to implement strategies to drive growth
and expansion of these programmes will position us to support more
of our customers throughout Europe.”
About Wells Fargo Capital Finance
Wells Fargo Capital Finance provides comprehensive asset-based
lending, supply chain finance, and technology finance to a wide
spectrum of companies across the UK. With offices in London,
Birmingham, and Manchester, we bring a strong and proven track
record of working with clients to develop their businesses. We
deliver flexible financing options for companies facing a variety
of situations, including: early and mid-stage turnarounds, growth,
leveraged buyouts, refinancing, restructurings, mergers and
acquisitions. As part of Wells Fargo & Company, a leading
financial services provider with a long-standing reputation for
strength and stability, we can also provide access to a wide range
of products and services aimed at helping companies succeed.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide,
diversified, community-based financial services company with $1.7
trillion in assets. Founded in 1852 and headquartered in San
Francisco, Wells Fargo provides banking, insurance, investments,
mortgage, and consumer and commercial finance through 8,700
locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 36 countries to support customers who
conduct business in the global economy. With approximately 266,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 30 on
Fortune’s 2015 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy our customers’ financial needs and
help them succeed financially. Wells Fargo perspectives are
also available at Wells Fargo Blogs and Wells Fargo Stories.
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version on businesswire.com: http://www.businesswire.com/news/home/20150817006336/en/
Wells Fargo & CompanyTrisha Schultz,
+1-314-875-3863Trisha.Schultz@WellsFargo.com@TrishSchultzWF
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