Lloyds Bank reaffirms commitment to smaller enterprises with new media, technology and creative industries team
Lloyds Bank’s commercial banking department has hired a specialist media, technology and creative industries relationship team to work with small and medium sized enterprises (SME) across London.
Lloyds aims to better engage SMEs with the team
The newly hired team was designed to provide specialist support to firms across the capital as part of a wider organisation restructure.
The media, technology and creative industries department will be led by Tom Jamison who was formerly a relationship manager at the firm. The team will focus on acquiring and working with media, technology and creative industries business with a turnover of up to £25m.
Lloyds uncovered a demand for sector-specific support in the industry and it claims to be the first UK bank to adopt the approach. Furthermore, the firm will ensure its managers have all the relevant knowledge and experience through CPD training courses.
Tom Jamison, senior manager of the newly-formed department, said: “This is a really exciting time for our SME teams across London, and hundreds of local businesses are set to benefit from an enhanced level of support as a result of the London restructure.
“We have a huge amount of experience and expertise that customers will be able to take advantage of and all our team members will undergo regular training in order to develop this even further.“
Jamison added: “Recognising and responding to the needs of our local business community is incredibly important to us. We’re committed to helping British firms prosper and we understand that in order to do this, we need to provide them with access to relationship managers who have a deep understanding of their industry.”
The team will be supported by Steve Rice, Shane Jayaprakash, Ben Maynard, Geoff Seage, Mike O’Neill and Quinton Spenceley, who collectively have more than 100 years of banking experience.
Last year Lloyd's dropped TSB from its title after two banks went separate ways.