Ed Rimmer has become the Interim CEO at Time Finance.
Ed re-joins the alternative financial services firm having previously served as Chief Operating Officer at Time Finance until April 2020.
He initially joined the Group in 2017 as Managing Director of their newly established Commercial Finance division, having previously been UK Chief Executive Officer and Main Board Director at Bibby Financial Services.
The appointment follows the announcement that Ian Smith, the current CEO, has made the decision to step down from the role after 7 years.
Ed said: “I am delighted to be re-joining Time Finance especially at such a crucial time for the financial services sector. Our industry holds a unique opportunity to inspire confidence and growth in the UK SME market and to support businesses who are looking to recover in post covid times. I am confident that Time Finance are in a great position to lead the sector in doing so.
“It’s a pleasure to lead a team who during the last year have proved resilient and have worked tirelessly to support both our clients and our broker partners during the most challenging of times. I look forward to driving the next phase of success for Time Finance and the businesses it serves.”