Paragon Bank strengthens UK motor finance team

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Paragon Bank’s Motor Finance division has bolstered its sales team with the appointment of a senior regional sales manager and two regional sales managers.

Lending in the motor finance division in the year to September 2022 grew 65.9% to £166.2m. Paragon launched its first products for financing battery-powered electric vehicles BEVs with £6m of new loans made. The offering was extended in the second half of the year to cover light commercial BEV

The Motor Finance sales team is overseen by Geoff Duncalf, national sales manager. Adam Hammond has been appointed as the new senior regional sales manager and will focus on Southern England.

David Hughes and Sam Winter have joined as regional sales managers, David will oversee the North West of England and Sam’s territory will be the Midlands and South Wales.

Regional sales managers are the first point of contact for Paragon’s introducer panel and the division has strengthened their resource and look forward to maintaining strong relationships with existing customers and new prospects to help Paragon’s business strategy.

Paragon Motor Finance head of sales, Ian Haddon said: “We’re delighted to have Adam, David and Sam join the restructured external sales team and look forward to them increasing our presence in their respective territories and getting out into the market and helping to deliver on our growth strategy.”

Adam Hammond, senior regional sales manager said: “After nearly 17 years in the motor and finance industry I am delighted to have joined Paragon at such an exciting time. I am very much looking forward to the challenges and successes ahead as well as getting to know all my customers over the coming months.”

 





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