Posted: Friday, 24 May 2019 @ 16:19
This week, independent niche asset finance funder Rivers Leasing, has announced the
appointment of Stephen Bassett, former Managing Director of Arkle Finance, as Non-Executive
Director.
Having finished 2017 by exceeding growth targets for the year and launching a unique £3 million
Loan Notes investment opportunity with an award winning P2P investment provider, Rivers
Leasing is continuing its development trajectory with the support of Bassett, who brings more than
40 years of asset finance and leasing sector experience to the organisation.
With much of his career spanning senior management and directorship roles at organisations
including Schroder Leasing Ltd, Lloyds & Scottish Finance, Lombard, Wyse Leasing Plc and
Broadcastle Plc, Bassett has worked for a number of well-known and reputable organisations. In
that time he has managed many different specialist departments in most aspects of the industry,
and has been involved in the design or provision of all relevant financial instruments, processes
and systems.
Having recently retired from his full time role as Managing Director of Arkle Finance, a subsidiary of Wetherbys Bank, where he oversaw the growth of the Arkle Finance portfolio from £30m to
£85m, he now joins Rivers Leasing as a Non-Executive Director, bringing his considerable knowl-
edge and innovative outlook to a new area of the market.
His appointment at Rivers Leasing marks the continued and carefully considered development of
the funder, which has built its reputation on a commercial, flexible, reliable, functional and
customer focused approach to facilitating the lease contract process.
Ratan Daryani, Chairman of Rivers Leasing says: “I am pleased to announce the appointment
of Stephen Bassett as a Non-Executive Director. Stephen’s invaluable knowledge and experience
in the leasing and finance industry will considerably strengthen the Rivers Leasing Board and we
look forward to working with him as we scale up for the next stage of growth.”
Stephen Bassett, comments: “I look forward to working with the Rivers Leasing team, who have
done a terrific job in developing their business from start up to this stage, and working with the
Board to develop the business even further.”