Banking and Finance

Property and finance services consultancy secures commercial banking veteran for business development role

Richard Ford

ARMCO, the next-generation property and finance services consultancy, has appointed commercial banking veteran Richard Ford as business development manager as the firm gears up growth and continues to expand its service portfolio.

The ARMCO group, which comprises firms covering specialist finance streams, corporate support, land procurement and development, and insurance services, chose Richard for this role due to his extensive commercial banking career of 32 years at Lloyds Banking Group, where he worked in a number of director roles.

Richard’s experience lies primarily in owner managed business support for firms in the ‘trading’ space, such as manufacturing and engineering, and transport and logistics, and he has built an enviable network in these arenas in the greater Midlands region.

He said: “I’m excited to join ARMCO and put the skills I have gathered in more than 30 years in banking to great use, in a firm that offers a real breadth of services and targets a wide variety of sectors. I’ve assisted countless businesses over the years with support such as international banking, raising working capital, mortgage loans and development loans. I’m looking forward to supporting businesses who will benefit greatly from the array of specialist services the group has to offer.”

Richard’s skills will complement those of fellow ARMCO business development manager Mike Kelly.

Richard added: “My vast network includes professionals, MDs and FDs in established businesses of around £5M to £100M turnover – but the scope at ARMCO is much wider. We have the services and expertise to help smaller and larger firms alike.”

ARMCO Founder Russell Martin said: “We’re delighted to have secured Richard for this role, as he holds a great contacts book and has the experience, expertise and tenacity to go after new business effectively. He will be a great asset to us in delivering our services to a wider audience, both in terms of geographical and sector spread.”

ARMCO, based in heart of Birmingham’s finance district, is a growing group of firms with the aim of providing truly holistic and tailored solutions to cater for a rapidly evolving business landscape. The group offers expertise on financial solutions including asset, bridging and development finance, tax solutions and MBOs – helping SMEs in a range of sectors, property developers (including allied trades and professionals) and investors.

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