Brian Sumner

Brian Sumner - Independent Chairman: Credit Risk Committee

Brian Sumner
Independent Chairman: Credit Risk Committee

Brian has over 50 years experience in the asset-based lending market. He has founded and successfully sold 2 profitable businesses in the invoice discounting and factoring sector. In 1983, he joined Bank of Boston where he founded Boston Financial as the first specialist confidential invoice discounter/receivables financier in the UK. Subsequently sold to TSB Group (where he continued in a senior management role), Boston Financial was the precursor of Lloyds TSB Commercial Finance. In 1989, Brian founded Causeway Invoice Discounting with venture capital, which was then acquired by N.M. Rothschild Bank in 1996 and re-branded under the name Five Arrows. Foreign languages spoken: French