Fraser Sime will head up the bank’s 90-strong relationship team which works with business clients turning over between £1 million and £25 million
Bank of Scotland (BoS) has appointed a new regional director for SME Banking Scotland to succeed Graham Blair, who takes up a new post as mortgage director.
It has recruited Fraser Sime, who will report to Sharon Geoghegan, regional managing director, Scotland and East Region for SME Banking within Lloyds Banking Group, to the Edinburgh-based post, whose remit is to lead BoS’s commercial banking presence for SME customers in Scotland.
Sime, who will assume the same responsibilities as his predecessor, will lead a 90-strong relationship team which supports business clients with turnovers of between £1 million and £25 million.
BoS says Sime has considerable banking experience – having worked for Lloyds Banking Group for 20 years.
After UK and European leadership roles in Commercial Banking’s Acquisition Finance team, he has held several roles supporting the Group’s Mid Markets client business.
His most recent role was as head of conduct and the control function for Mid Markets & SME Banking. Sime spent three years as an area director for West Scotland, supporting Mid Markets clients with turnovers over £25 million.
Geoghegan said: “Fraser will be known to many of our larger business clients in Scotland, from his time as an area director earlier in his career and his knowledge of the Scotland market, plus the broad experience gained from 20 years in the Group, will be of great benefit to our Scotland SME clients.
“He inherits a strong team from Graham, who are all fully committed to supporting businesses as they seek to navigate through the current economic uncertainty and to help them to capitalise upon the opportunities that lie ahead.”
Sime said: “A strong and vibrant economy in Scotland is critical to the UK’s ongoing prosperity. Our long-standing commitment to support clients and to help fund their growth ambitions is even more important given the current more challenging economic environment. As such, I am very excited by the opportunity to lead the team and continue Graham’s work.”