Investec expands Isle of Man team to support local motor dealerships and clients

Investec Bank (Channel Islands) Limited (“IBCI”) today announces the appointment of Ben Horne to Investec Asset Finance (Channel Islands) Limited (IAFCI) in the Isle of Man, further expanding its local asset finance team to support motor dealerships and their clients across the island. The appointment reflects Investec’s continued focus on deepening its presence in the Isle of Man and strengthening the support it can provide to local businesses and people.

Ben will focus on working closely with Isle of Man motor dealerships and their clients, supporting asset finance requirements in the local market. His appointment also supports the continued development of the team’s Isle of Man business, with Mark Davenport shifting his focus towards corporate asset financing needs, broadening the team’s coverage across the island.

Ben brings 20 years of relevant experience, spanning a decade in banking and a decade in asset finance, alongside a strong background in project management.  This combination of sector knowledge and operational experience will support the team’s work with clients across the Isle of Man.

FJ Eigelaar, Managing Director, IAFCI, said: “Ben’s appointment further builds our Isle of Man capability and strengthens the support we can provide to local motor dealerships and their clients. Relationships remain central to how we work, and Ben’s experience will help us deepen our local connections, collaborate closely with colleagues across the broader Investec platform, including IBCI, and continue supporting local motor dealerships and their clients in the Isle of Man.”

Ben Horne, Relationship Manager, IAFCI, said: “I am pleased to be joining IAFCI at an important stage in the continued development of the Isle of Man business. I look forward to working closely with local motor dealerships and their clients, building strong relationships across the island, and supporting colleagues in delivering a clear and relationship led service. With experience across banking, asset finance, and project management, I am focused on helping support clients and local dealerships in the Isle of Man.”

The appointment forms part of Investec Asset Finance’s continued investment in the Crown Dependencies. Investec Asset Finance (Channel Islands) Limited has operated in the Crown Dependencies since April 2017, with teams in Guernsey, Jersey and the Isle of Man. Investec has been present in the Channel Islands for more than 25 years, supporting clients with private banking, tailored lending, and specialist finance. Ben Horne’s appointment, following the recent hire of David Monks in the Channel Islands to strengthen support for dealerships and their clients, reflects Investec’s continued investment in local teams and its focus on deepening support for businesses and clients across the islands.