Yorkshire Bank promotes Roddy to acquisition finance role

Yorkshire Bank has promoted Roddy Kilpatrick to area director within its Corporate & Structured Finance (CSF) team in the North West.

Roddy, who is based at the bank’s Manchester office, will be in charge of acquisition finance within the region. He replaces Andy Taylor who has stepped up and now heads the CSF team for the West of England.

A qualified chartered accountant, Roddy spent nine years in corporate finance, first with Ernst & Young in his home city of Glasgow and later in London with Horwath Corporate Finance and BDO Stoy Hayward’s private equity team.

He joined Yorkshire’s sister bank Clydesdale in 2004, initially working with the credit restructuring team in Glasgow before moving to Manchester to take up a role in acquisition finance. Key recent deals Roddy has led include the £33m take private of Ascribe Group and the institutional buyout of Viking Moorings.

Andy Taylor, regional director for Yorkshire Bank Corporate & Structured Finance, said: “Roddy’s new role recognises his hard work in helping to establish CSF as a key player in the deals market. It is one of a series of promotions and appointments for our acquisition finance and corporate teams to ensure we have the right people in place to help us to fulfil our long-term growth plans.”

Yorkshire Bank Corporate & Structured Finance is one of the major providers of acquisition finance for mid-market deals and is now 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.