Senior credit hire for DF Capital

Senior credit hire for DF Capital

7 July 2021

DF Capital today announced that it has appointed Richard Baxter as its director of credit, leading the business’ first line credit underwriting and sanctioning, portfolio management and audit teams.

As part of DF Capital’s senior leadership team, Richard will report into CEO Carl D’Ammassa and will be based at the company headquarters in Manchester.

Richard has over 30 years’ commercial, risk and business change experience, across the asset based lending (ABL), SME finance and the wider banking spaces. Richard joins from Aldermore where he led the portfolio risk team, covering the invoice and specialist finance product lines. Before Aldermore, he built a strong portfolio of experience at the Royal Bank of Scotland in its ABL, invoice discounting and working capital product divisions.

Richard Baxter commented: “DF Capital is a growing influence in the SME finance market, with a clear sense of purpose. I am delighted to have the opportunity to support the business and help steer it towards ever greater success. DF Capital offers a compelling vision for the future and I am glad to be here!”

Carl D’Ammassa, CEO, DF Capital said: “Richard is renowned for his strong and supportive leadership style, as well as his commercial acumen, which has – through his career – unlocked growth in lending with a disciplined and effective approach to credit risk management. He brings valuable expertise, wisdom and a unique perspective that will help us expand over the next few years. I’m confident his experience as well as his approach to leadership will complement the make-up of our senior team and contribute significantly to the running of the company. I look forward to Richard’s input as we continue our growth as a company.”