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Product category: Banking / credit / debt
News Release from: Alliance & Leicester
Edited by the Insidemoneytalk Editorial Team on 16 March 2007

Alliance and Leicester Commercial Bank
appoints new Head of Public Sector

Alliance and Leicester Commercial Bank (ALCB) has appointed Alex Smith as its new Head of Public Sector.

He will manage a team of nine professionals dedicated to providing banking and financing solutions to the sector Alex will be responsible for the bank's financing and banking services to local authorities, housing associations, the NHS, the education sector and charities

He will be based in Manchester, at Alliance and Leicester's offices at 298 Deansgate and will report to Karen Woods, Director of Relationship Banking.

Since joining the Bank as a graduate trainee, Alex has held a range of relationship management roles for businesses, Public Sector bodies and financial institutions.

Alliance and Leicester Commercial Bank has a considerable franchise in the Public Sector market, with more than nine in every ten local authorities (94%) and 750 housing associations using the Bank's banking services.

Alliance and Leicester Commercial Bank handles around 70,000 council tax payments and 120,000 housing associations payments every day.

The bank is also a major funder to the NHS and local authority markets, providing funding for a diverse range of assets from MRI scanners in the NHS to IT funding with local government.

Commenting on Alex's appointment, Karen Woods, Director of Relationship Banking at Alliance and Leicester Commercial Bank said: "The Public Sector market has been a major focus for Alliance and Leicester Commercial Bank in recent years and Alex's role will build on the considerable progress we have made".

"I am delighted that Alex has chosen to take on this key role".

"Alex and the dedicated Public Sector team will be focusing on further building the bank's position, as a major finance and full banking provider in the market." Commenting on his appointment, Alex Smith said: "I am delighted with my new role and the opportunity to lead the bank's specialist Public Sector team".

"This is an exciting time for the Public Sector market with the need to improve services continually and provide best value".

"Alliance and Leicester has a wide range of financing options which are focused on helping local authorities, housing associations and health providers deliver their service aims".

"Alliance and Leicester Commercial Bank provides a truly dedicated banking and financing service to the Public Sector, and I look forward to working with our team and customers.".

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