Specialists in finance and business services for the recruitment sector and SMEs, Oriel has made this significant new appointment following the brand relaunch last year and to support the company's continued growth.
Hugh's main responsibilities will cover managing the payroll and funding facilities for the recruitment industry, as well as risk management and compliance.
Hugh has been in the factoring and finance industry for over 27 years. Before joining Oriel, Hugh worked for Lloyds TSB Commercial Finance as manager of the Recruitment Finance division. He has an in depth understanding of the role of finance in recruitment agencies' growth. Hugh has also previously managed his own factoring and invoice discounting consultancy following roles with TheoFinance and Alex Lawrie.
Commenting on his new role he said: "I am impressed with Oriel's ‘can do' culture and the fact that recruitment finance is part of the company's DNA. My aim is to grow our market share through constantly re-engineering our services to meet our clients' evolving needs. As a specialist service provider we are able to offer the focus and flexibility that is vital to the sector."
Brian Pursey, CEO of Oriel adds: "I am delighted that someone of such high standing in the industry has joined Oriel and I wish Hugh the best of luck in his new position. With his wealth of experience in factoring and finance for the recruitment industry, I have no doubt about Hugh's ability to succeed".
