Financial service provider Bibby Financial Services (BFS) has appointed a new global head of innovation to boost its global business offering and lead the development of new products and services.

Jonathon Preen joins BFS with more than eight years of experience in the formation of new business models and leading innovation across a range of industries.

He is a former senior NPD and innovation manager at HomeServe and has also worked with a variety of leading companies including Google and Honeywell, HSBC and the veterinary charity PDSA.

He will assess new global markets and products that might enable BFS to expand its support to SMEs.

Preen is also responsible for the development of new partnerships and business models to help BFS leverage new routes to market and offer innovative services to new and existing customers.

Alex Kousiopoulos, global product director, added: In 2019, SMEs find themselves confronted with an array of funding options. At BFS, we want to ensure that in all of our markets, we are continuously developing our products and services to help us and our customers stay ahead of the curve.

“Jonathon’s diverse and highly successful background leaves us well placed to fulfil this goal and we’re very happy to have him on board.”

Established in 1982, Bibby Financial Services (BFS) is an independent financial services provider that offers a wide range of products such as trade, asset and working capital finance.

As part of the Bibby Line Group, BFS operates in 14 countries covering Europe, Asia and North America, and is partner to more than 10,000 businesses.
Preen said: “BFS is an expert at helping SMEs add value to their business, and this position presents a host of opportunities to further enhance its offering. I am looking forward to introducing new technologies to the industry to help BFS maintain its position as a market leader worldwide.

“The business is built upon a strong culture that focuses on doing the best for its customers, and it is a pleasure to be a part of this ethos.”