Gary Thornton Email & Phone Number

Board Director for a Pan European vendor finance company operating in UK, Netherlands, Belgium , Ireland and Finland. Supporting vendors through the whole of their asset lifecycle

Following the rebrand of Hitachi Capital, I am pleased to become part of the Mitsubishi financial services brand

Staines, Surrey, United Kingdom

Supporting the management of the UK and cross border portfolios for Hitachi Capital. Leading projects to support the strategic direction of HCUK

London, Greater London, United Kingdom

Financial Responsibility for all commercial banking leasing activities. This ranges from large ticket aircraft, shipping, rail and structured transactions to smaller ticket HP and leasing activities in the SME market.

London, United Kingdom

Created in 2012 this division was the combination of the old Wholesale and Corporate banking division. Combined turnover of £5bn pa and a self-funded balance sheet of around £120bn of loans and deposits, covering lending, transaction banking, capital and financial markets with any LBG customers with a turnover of over £1m. I was responsible for the budgeting, planning and strategic planning process for the Commercial Banking division. I was responsible for the liaison with senior stakeholders in Group and the Commercial Banking business to ensure top down understanding of the CB Strategy and Financial Plan. Providing the necessary insight and analysis to all stakeholders on the future performance of the division. I was also asked to carry out ad-hoc analysis and top down modelling on scenarios or in response to FD/CEO/group challenges and strategic reviews.I was required to provide robust challenge, co-ordinating interlocks and independent financial oversight of the budget process. This involved building robust relationships with senior stakeholders in the business and finance community becoming the trusted partner to the heads of division involved in the planning process.I was also required to have expert knowledge of the regulatory capital environment, liaising with the regulatory capital teams to ensure that capital was being used effectively and efficiently within the division and where divestments were being discussed that they were all capital accretive.I was also required to working closely with Business Development teams to ensure growth strategies did not breach conduct risk guidelines set and with the risk teams to ensure that the growth strategies did not leave us over exposed in specific industries or sectors.

London, United Kingdom

The Structured Finance Division (SF) was a debt and leasing book with around £30bn of assets, housed in complex legal and tax structures to maximise returns and optimise pricing competitiveness. Its activities included large and middle ticket leasing and asset backed finance, Project Finance and Acquisition finance. As a member of the Excom my role was to provide tactical and strategic guidance to the business as well as providing MI,financial insight and analysis to the key stakeholders around the bank. I was also responsible for managing the middle office for the Secondary Loans trading book and warehoused debt facilities.  I was actively involved in managing down the size of the portfolio (c£12bn disposals), modelling the impacts of the proposed transactions on the profitability of the business and the associated capital impacts of the trades for presentation at Group Committees.I was also heavily involved in the strategic restructure of the division working with McKinsey to examine the profitability of key core segments of the division through optimised capital usage and maximising the earning potentialI helped develop the financial and product control teams responsible for all LIBOR products in Commercial Banking, using SF as pilot to develop the processes, reporting and assisting in defining the parameters and responsibilities of the team.

London, United Kingdom

Responsible for Group reporting to the board, non-executive directors and senior management teams, Co-ordination of the Global budgeting and forecasting processes, ad hoc reporting and information for investors and stakeholders in joint ventures, providing information to assist in the strategic decision making process for the group, setting Group policies for management accounting budgeting and forecasting, responsible for the enhancement, development and design development of Global Management information including introduction and development of reporting systems

Responsible for the financial control of the Business to Business lending division, including financial reporting, budgeting, planning and provision of management information for senior management, group, investors and other stakeholders, responsibility for pricing, sales training, involvement with non-standard deals, new business development, modeling financial implications of potential strategic and tactical changes, together with related system development, tax and regulatory and accounting implications and investigation of potential acquisitions. Responsible for systems migration and integration of acquired entities from a financial perspective.

Ca, Chartered Accountant

Llb(Hons), Law And Accountancy