Trade Finance Partners (TFP) has appointed Chris Dailey as co-chief executive, effective immediately.

Dailey joins from OakNorth, a new bank specialising in working capital finance for SMEs, where he was CEO. His 15-year experience also includes senior roles at Aldermore Bank and GE Capital in Europe.

John Kent, TFP chairman, says: “We are delighted to welcome Chris on board as a valuable addition to the executive team. TFP has grown successfully over the last five years and is now ready, under the management of Chris Dailey and Chris Ash, to continue into its next stage of evolution.”