New regional head for Yorkshire Bank CSF team

Yorkshire Bank has appointed Andy Taylor to lead its Corporate & Structured Finance division in the North West and the Midlands.

Andy, who has 30 years’ experience in banking, has been with Yorkshire Bank since 2005 and is currently area director of acquisition finance. In his new role as regional director, he will replace Paul Shephard who was recently promoted to national head of the Corporate & Structured Finance team.

Andy started his career with NatWest in Blackpool, becoming a specialist in corporate banking. In 1998 he joined Royal Bank of Scotland in Manchester where he spent seven years as a director at its corporate business centre.

Under Andy’s leadership the acquisition finance team in the North West has funded over £250m of deals.  Key deals have included the £33m public to private of Ascribe plc; the institutional buy-out of marine services group Viking Moorings; the £24m MBO of TSC Foods Limited, a leading manufacturer of soups and sauces, and the £19.5m MBO of support services company Mavinwood plc.

Since its launch the Corporate & Structured Finance division has become firmly established as one of the major providers of acquisition finance for mid-market deals and is now increasingly being recognised for its funding capabilities in the corporate arena. The division is part of iFS (integrated Financial Solutions), the bank’s integrated, business and private banking business.

Andy said: “I’m delighted to have the opportunity to lead such a strong team, and one which has established a reputation for delivering deals and being open for business. My aim is to further raise our profile by supporting yet more high quality transactions and be recognised for being at the forefront of debt funding.”

Paul Shephard said: “Andy’s promotion recognises the contribution he has made to building our business in the North West over the past five years and gives him the opportunity to further drive it forward. The bank is already a recognised force in acquisition and corporate finance. This and other appointments in the very near future will consolidate our position and help us to penetrate the market still further.”