Secure Trust Bank Commercial Finance (STB CF) has appointed Carl Pykett as its new senior portfolio director. With over 20 years of experience in corporate finance and restructuring, Pykett will collaborate with key stakeholders to foster growth for clients across the UK. He will be based in Birmingham and aims to support businesses within the STB CF portfolio.
Pykett previously served as a portfolio director at Lloyds Development Capital, where he provided strategic and operational support to senior management teams across various sectors. His experience includes serving as a non-executive director on multiple boards, facilitating both organic growth and acquisitions, as well as successfully executing investment exits that yielded positive returns for investors.
Expressing his enthusiasm for joining STB CF, Pykett noted the bank's strong reputation for delivering top-tier financial services. He looks forward to leveraging his experience with private equity and privately owned firms to help clients navigate challenges and seize growth opportunities.
James Hodkinson, managing director at STB CF, emphasized that Pykett's extensive background aligns with the firm's increasing focus on private equity. His expertise is expected to strengthen relationships with supported businesses and contribute to STB CF's growth trajectory.
In other news, Gateley Legal has bolstered its private client team in Birmingham with the addition of solicitors Naomi Ramsay and Kay Baki. Both solicitors bring valuable experience and will assist clients with estate planning and trust administration. Ramsay expressed her excitement about joining a modern firm during a period of growth, while Baki looks forward to contributing to the team's high-quality service.
Sean Williams, head of Gateley Legal’s private client team, welcomed the new hires, highlighting their strong backgrounds and commitment to development, which he believes will enhance the team's capabilities.
Victoria PLC, an international flooring designer and manufacturer, has announced the planned appointment of Alec Pratt as Chief Financial Officer Designate. He will succeed Brian Morgan, who has served as CFO for three years. Pratt, who joins from Deutsche Bank, has extensive experience in investment banking, particularly in advising on M&A transactions and raising capital.
Morgan will remain in his role until late June to ensure a smooth transition, after which he will be available for consultation for an additional three months. Geoff Wilding, Chairman of Victoria, acknowledged Morgan's significant contributions, particularly in integrating the company’s largest acquisition and transforming its finance function.
Wilding expressed enthusiasm for Pratt's appointment, noting that he adds to the strong management talent at Victoria. With a robust background in advising building materials manufacturers and distributors, Pratt is expected to play a key role in the company's future growth.