Working capital solution provider Demica has appointed Angel Blanco as origination director, Enrique Jimenez as senior supply chain finance origination director and Marc Wolf as origination director.

Blanco (pictured) is responsible for originating receivables finance, trade receivables securitisations and supply chain finance programmes, mainly for Spanish and Portuguese multinational corporates and financial institutions. He will be co-located in both Spain and London.

He joins Demica from Santander Global Banking and Markets where he was most recently head of receivables, with global responsibility for the origination, structuring and execution of structured trade and receivable finance transactions.

Based in London, Jimenez will be in charge of seeking receivables securitisation opportunities, as well as originating and building supply chain finance programmes across Europe. He also joins from Santander, where he most recently held the position of head of supply chain finance and trade.

Wolf is responsible for originating receivables securitisation and supply chain finance programmes for German and multinational corporates and financial institutions, also based in London. He was previously executive director of securitisation at Crédit Agricole CIB.

All three report to Tim Davies, head of origination at Demica. “We have been aggressively growing our origination team over the last year as we work with existing and new clients to find solutions for their working capital requirements. We announced recently that we’ve been mandated for over US$1bn of new live transactions and with Angel, Enrique and Marc on board we look forward to continuing to grow this number,” Davies says.