Alliance and Leicester demonstrates commitment to project finance sector

Bank appoints new Head of Global Infrastructure

Alliance and Leicester Commercial Bank is pleased to announce the further expansion of its Corporate and Structured Finance team based in London with the appointment of Andy Williams as Head of Global Infrastructure.

The role involves leading two well established teams specialising in project financing for a wide variety of infrastructure assets.

Andy joins Alliance and Leicester from Bank of Ireland where he was a Director of the bank's project finance team.

He has over 16 years' corporate banking experience and for the last 12 years has specialised in the infrastructure sector at Bank of Ireland and Lloyds TSB.

He is responsible for further expanding Alliance and Leicester's involvement in the PFI and Infrastructure Project Finance sectors, in line with the bank's growth strategy.

Additional experienced originators and transactors will be recruited to join the bank's existing nine specialist bankers in this area.

Chris Jones, Director of Corporate Structured Finance at Alliance and Leicester said: "I am delighted to welcome Andy to Alliance and Leicester at an exciting time for the Bank as we continue to grow our Corporate Banking franchise".

"Our Infrastructure and PFI groups are already successful and Andy will be a valuable asset to our senior team as we continue to push our business forward".

"Our managers are fully dedicated to their markets and Alliance and Leicester is confident that it can provide a real alternative to the more traditional financial solutions for our customers".

"Andy will play a key role in further developing our presence in these markets and in building our teams for the future." Commenting on his new role, Andy Williams said: "Project Finance, PFI and Infrastructure are projected key growth areas for Alliance and Leicester".

"The combination of experienced and dynamic existing teams and the bank's commitment to increase manpower to further strengthen its position in these markets were the main reasons I was eager to join".

"The offering of competitive terms over a diverse range of sectors, will I believe ensure our position as a leading UK player in these markets.".

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