Foundation parent appoints commercial director

Bayley joined from GE Money Home Lending (formally First National) where he was commercial director after spending 16 years within the GE Group in the UK and abroad.

Before that he started his career in financial services with Welcome Finance in 1995, then The Associates before joining First National in 1998, working up from a sales representative through a number of different roles.

Hans Geberbauer, chief executive at Paratus AMC, said: “We are very fortunate to attract someone of Simon’s ability and reputation.

“He has enjoyed an exemplary career, latterly over the last 12 years with one of the giants of the global financial services market.

“Paratus AMC is expanding rapidly and engaging individuals who have proven track records, as Simon does, which will help us achieve our long-term objectives.”

Bayley added: “I am delighted to become part of the Paratus AMC team. I am looking forward to the challenges ahead to help push Paratus AMC to the forefront as a multi-faceted lender, funder and lending platform.

“This is an exciting opportunity for me to be part of a growing business and be among people who are dedicated to building a company that will serve the lending industry for years to come.”