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Clydesdale expands corporate and structured finance team

Clydesdale Bank has expanded its corporate and structured finance team in London and the South with five senior appointments. 

Tony Tozzi, Ian George and Marcos Theodosiou have joined as directors while Mike Budge and Jonny Baxandall have been appointed as associate directors.
 
Tozzi, who will lead the team’s push into technology, media and telecoms in the region, joins from Bank of Ireland. He started his career at Barclays and has 30 years’ experience in banking and has specialised in TMT for the past 12 years.
 
George also joins from Bank of Ireland’s London office, where he was head of mid-corporates. He has over 20 years’ experience in banking and also spent two years as a director of Bolero International, a dotcom, where he was involved in raising USD50m of venture capital funding.

Theodosiou comes from a corporate finance background and most recently has specialised in providing due diligence for private equity houses and corporate finance advice to major lenders.
 
Budge previously worked for accountants BDO. He began his career six years ago in BDO’s Reading office, later moving to London to work in the corporate finance team.
 
Baxandall joins from HBOS where he started as a graduate eight years ago. For the past five years he has specialised in acquisition finance and has been involved in a large number of mid market transactions.
 
Andrew Merrifield, regional director of corporate and structured finance at Clydesdale Bank South, says: “We are delighted to welcome yet more talented and experienced individuals to our team. These latest appointments mean we have recently recruited no fewer than nine people to our corporate and structured finance team in the South and we are continuing to recruit and grow.
 
“This will help us to achieve our goal of doubling the size of our business in the next three years and increase our standing further in the corporate arena. It will also add to the strength and depth of the team whilst enhancing our expertise in key industry sectors including technology, media and telecoms.”

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