Appointment of new investment executives

The Development Bank of Wales has confirmed the promotion of three investment executives.

Navid Falatoori, Ruby Harcombe and Jo Thomas have all been promoted. They all now have responsibility for the identification, negotiation and completion of investment deals.

Navid and Ruby both joined the development bank in 2016 as assistant investment executives. Navid previously worked in the commercial lending sector for the Principality Building Society. Ruby had spent the previous five years with the Royal Bank of Scotland including two years with the corporate structured finance team. Jo joined the development bank in 2005 in a support role, quickly progressing to work in an executive role in 2008, managing a portfolio of SME businesses across the region.”

Bethan Cousins is new business director for the development bank. She said: “We are actively recruiting and developing the very best talent in Wales  to ensure that we have the breadth and depth of commercial experience required to meet the needs of businesses across Wales.

“People are at the heart of our success. We do all that we can to develop from within and empower our investment executives to make a real difference to the businesses that we support. These promotions are well deserved and a reflection of our commitment to encouraging personal and professional development.”