John Luu has been named managing director and head of specialist sales for Lloyds’ transaction banking solutions arm.

Luu took up the role on June 1 and reports to Mansour Davarian, managing director and head of transaction banking solutions.

He is responsible for leading sales teams for a range of solutions, including asset finance, invoice finance, commodity trade finance and export credit agencies.

Luu is currently an honorary senior visiting fellow at Bayes Business School in London. Before that, he led the trade, export finance and working capital teams for the UK and Middle East at Santander CIB.

He has also served as senior vice-president of origination at inventory and supply chain specialist company Benteler, and spent six years at Greensill from 2015 to 2021.

Other positions include senior roles at JP Morgan and Citi, as well as a stint as a management consultant for both government and corporates.  

Luu said: “Lloyds’ transaction banking solutions business plays a critical role in underpinning clients’ day-to-day operations in an increasingly complex environment.  

“With the pace of change in treasury accelerating, there are tangible opportunities to help clients unlock growth through smarter, more connected solutions.”

Davarian added: “Supporting our clients’ needs is at the heart of our purpose at Lloyds. John’s experience in delivering tailored, impactful solutions will be invaluable as we continue to deepen our client relationships across trade and working capital, and cash management and payments.”