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Thursday May 28th, 2020 12:39AM

David Ciccolo Appointed as New Managing Director for Bibby Financial Services

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Jan 31, 2019--Bibby Financial Services US (BFS) welcomes David Ciccolo as its new Managing Director for its US Factoring & Asset Based Lending (ABL) business based in Atlanta.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190131005695/en/

David Ciccolo, Managing Director for Bibby Financial Services US (Photo: Business Wire)

David brings over 30 years of experience in commercial banking, factoring and asset-based lending. He previously held executive-level positions at Wells Fargo Capital Finance in Denver, CO, most recently as the Executive Vice President/National Sales Manager of Commercial Services. Prior to that role he held the title of Executive Vice President/National Manager of Accounts Receivable and Purchase Order Financing. His earlier career experience included positions in business development and portfolio management, as well as commercial banking.

Ian Watson, President of Bibby Financial Services North America said:

“We are delighted to have David join BFS and look forward to him leading the company’s initiatives to enhance its product offerings and service capabilities. With his 30 years of commercial finance expertise and background in portfolio management in factoring and ABL, he will provide fresh insights and perspectives to our strategy. David will be instrumental in growing the business and expanding our client base.”

Speaking of his appointment, Ciccolo said:

“I am honored and excited to work with such a dynamic team. BFS has already established itself as a global leader in providing factoring and ABL services to SMBs. Our cross-border finance offering enables SMBs to trade internationally. The flexibility of our funding makes it possible for SMBs to reach their business goals, especially in times of challenge and expansion. I’m genuinely looking forward to getting involved with BFS at this period of growth for the company.”

David graduated from Regis University in Denver, CO with a double major in business administration and economics. He is a member of the Turnaround Management Association and the Commercial Finance Association. David has relocated from Denver, CO to Atlanta, GA to take up his position.

About Bibby Financial Services

Bibby Financial Services is a leading independent financial services partner to more than 10,900 businesses, providing more than $1.25 billion in funding annually and handling $11.6 billion in annual client turnover. With over 40 operations in 14 countries spanning 3 continents, BFS provides asset-based lending and factoring solutions to help businesses grow in domestic and international markets. Established in 2001, Bibby Financial Services supports businesses in virtually any industry. BFS is part of Bibby Line Group, a diverse and forward-looking family business with over 200 years’ experience of providing personal, responsive and flexible customer solutions. To find out more about Bibby USA and Bibby Canada, please visit www.bibbyusa.com or www.bibbycanada.ca.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190131005695/en/

CONTACT: Write2Market for Bibby Financial Services

Carla Etheridge: 727-385-8910

carla@write2market.com

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING FINANCE

SOURCE: Bibby Financial Services

Copyright Business Wire 2019.

PUB: 01/31/2019 11:51 AM/DISC: 01/31/2019 11:51 AM

http://www.businesswire.com/news/home/20190131005695/en

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Online - Georgia News, AP Business Wire - Georgia, AP Business - Industries, AP Business - Financial Services
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