BFS Appoints David Ciccolo as CEO for North America

Industry expert appointed President and Chief Executive Officer for
its North America operations covering Factoring, ABL and Transportation

ATLANTA–(BUSINESS WIRE)–Global financier, Bibby
Financial Services
(BFS) has named David Ciccolo, as its new
President and Chief Executive Officer for North America.

David takes over from Ian Watson who has served as President and CEO
since March of 2016.

David Ciccolo said: “BFS is a strong and diverse company, supporting
the aspirations of more than 10,900 businesses worldwide through our
financial solutions.

“It has in its DNA an innate understanding of the needs of small
businesses and there is a great opportunity to leverage our outstanding
commitment to clients and the experience gained from our 200+ year
history to help scale and deliver on this potential.”

Ciccolo, who has more than 30 years of experience in commercial banking,
factoring and asset-based lending, joined BFS as Managing Director for
the U.S. in January 2019.

He previously held executive-level positions at Wells Fargo Capital
Finance in Denver, CO, most recently as the Executive Vice
President/National Sales Manager of Commercial Services.

Prior to this, he held the title of Executive Vice President/National
Manager of Accounts Receivable and Purchase Order Financing.

David Postings, Global Chief Executive, BFS said: “At our core, we
are a relationship based financier and this means we get to know our
clients’ businesses so that we can tailor an approach that fits them now
and in the future.

“With David’s track record and experience, I’m confident that we can
continue to further grow our support for North American businesses.”

About Bibby Financial Services

Bibby Financial Services is a leading independent financial services
partner to more than 10,900 businesses, providing more than $1.25
billion in funding annually and handling $11.6 billion in annual client
turnover. With over 40 operations in 14 countries spanning 3 continents,
BFS provides asset-based lending and factoring solutions to help
businesses grow in domestic and international markets. Established in
2001, Bibby Financial Services supports businesses in virtually any

BFS is part of Bibby Line Group, a diverse and forward-looking family
business with over 200 years’ experience of providing personal,
responsive and flexible customer solutions. To find out more about BFS
in the USA and Canada, please visit


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