Newspaper article Evening Gazette (Middlesbrough, England)

Gary Brings Expertise to Active Team's Table

Newspaper article Evening Gazette (Middlesbrough, England)

Gary Brings Expertise to Active Team's Table

Article excerpt

A HIGH-FLYING banking guru has joined the board of a fast-growing finance firm in Guisborough.

Gary Lumby, who has held several high-profile positions in the banking and finance industry, has been appointed non-executive director at Active Financial Services.

In his new role, he will be involved in developing Active's business development and growth strategies and will also provide expertise on financial and corporate governance issues at the firm.

Gary, who in 2008 was awarded an MBE for services to the finance industry, said: "I have been brought on board to lend my experience to Active's board of directors.

"The company has been going for a while now and the management team has ambitious plans. There are opportunities for Active to grow organically and perhaps look at strategic acquisitions or mergers . "My job is to find out where the opportunities are and then, in collaboration with the board of directors, decide which ones we are going to go for."

A fellow of the Chartered Institute of Bankers, Gary cut his teeth in the finance industry by working his way up the corporate ladder at Barclays Bank.

He headed up the small business banking unit at Barclays before becoming North-east regional business manager at Yorkshire Bank.

For five years he was joint head of business banking at Yorkshire Bank before heading up the company's retail banking operation, overseeing more than 230 branches and 2,500 staff. Eventually he became UK director of small business banking at Yorkshire and Clydesdale banks, where he worked on risk, credit and compliance issues and managed a team of 350 staff. …

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