New Managing Director Appointed at Oriel Support
Online, January 27, 2010 (Newswire.com) - Hugh Fell has been appointed as Managing Director Oriel Support Ltd having been in the factoring and finance industry for over 23 years. Hugh's main responsibilities will be to manage the entire payroll and funding facility available for the recruitment industry. He will be looking to develop the facility to meet client's needs more effectively and to ensure that Oriel continues to grow and become an increasingly profitable and successful business for the future. On a day to day basis Hugh will be in charge of managing the risk and operations aspects of the facility and keeping abreast of compliance regulations.
Before joining Oriel, Hugh worked for Lloyds TSB Commercial Finance (LTSBCF) as The Head of Cash Friday until moving into the position of managing the Recruitment Finance division of LTSBCF, this move allowed Hugh to broaden his experience in the recruitment industry by working directly with recruitment agencies. In his role at LTSBCF Hugh was responsible for the creation of recruitment finance division to join up all the aspects of the service that agencies would need to grow. Hugh has managed his own consultancy providing advice on factoring and invoice discounting and has previously worked for Theofinance and Alex Lawrie.
Commenting on his new role he said: "I am impressed with Oriel's 'can do' culture. The company has a clear focus on recruitment as it is part of its DNA which will stand Oriel in good stead for the future. My aim is to grow our market share through constantly re-engineering our services to meet our clients' evolving needs and to combine my knowledge and experience of financing recruitment businesses in the UK with the industry focus and flexibility that a specialist service provider like Oriel is able to offer".
Brian Pursey, CEO of Oriel adds:" To my delight - someone of such high standing in the industry has joined Oriel to gives us the strength we need for future growth, we would like to wish Hugh the best of luck in his new position. With his wealth of experience in the factoring and finance specialising in the recruitment industry we have no doubts about Hugh's capabilities to succeed".
More information about Oriel Support can be found online at http://www.orielgroup.co.uk/Support/ or by calling 0845 226 1843.