Lloyds Bank Corporate & Institutional Banking has continued to strengthen its Transaction Banking Solutions team with the appointment of Mansour Davarian.

In his role as Head of Corporate Trade Finance and Working Capital Sales, Mansour will be responsible for delivering Lloyds Bank’s full range of trade and working capital solutions to corporate clients.

Lloyds Bank’s existing corporate trade, working capital and asset finance sales teams will be brought together under Mansour’s leadership to support the delivery of bespoke multi-product solutions that meet specific client needs.  

Mansour joins Lloyds Bank from fintech Demica, where he was Head of Platform Sales. Prior to Demica, he worked at Hitachi Capital and at HSBC’s global banking and markets division. 

Alongside his work at Lloyds Bank, he currently serves as the Chief Examiner for the London Institute of Banking and Finance’s Certificate in Supply Chain Finance (CSCF) course – taking a leading role in the training and development of the next generation of finance professionals.

Alex Young, Managing Director and Head of Transaction Banking Solutions, Lloyds Bank Corporate & Institutional Banking, said: “The working capital needs of our clients are becoming more and more complex. They want bespoke, integrated solutions that incorporate the specialist financial tools available to them, alongside expert consultancy, which we strive for. 

“Mansour will help us meet this demand and drive our continued growth in the market. His breadth of experience – from financial institutions, to fintechs – is perfectly suited for our clients, together with his in-depth knowledge of trade and working capital needs our clients face. I’m excited to welcome him to the team.”

Mansour Davarian, Managing Director and Head of Corporate Trade Finance and Working Capital Sales, Lloyds Bank Corporate & Institutional Banking, said: “Alex and his team have demonstrated a real focus and clear vision when it comes to delivering the holistic solutions that corporates require.

“Along with a reputation for being at the cutting edge of product innovation, Lloyds Bank has a fantastic, inclusive workplace culture that prioritises team development – all things that are really important to me. I’m looking forward to working with Alex and the team across the business to help continue to build this culture and deliver the solutions our clients need to meet their objectives.”

Mansour’s appointment comes as Lloyds Bank continues to broaden its range of trade and working capital products, build new partnerships and unlock synergies between its solution teams.

In March, it unveiled a new partnership with fintech Satago to deliver the first end-to-end digital single invoice finance and whole-book invoice factoring solution on a single platform offered by any UK bank.

And in August, it revealed that it had successfully completed the UK’s first transaction utilising a digital promissory note. This landmark transaction dramatically increases speed of payment, and paves the way for a significant increase in the use of promissory notes for a broad range of transactions.