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Tim Corbett, MD of Fortis Commercial Finance, has been elected as the new chairman of the Asset Based Finance Association (ABFA), with Maurice Craft, MD of Regency Factors, taking the position of vice chairman.
Tim brings with him a great wealth of knowledge and expertise of the asset based finance industry thanks to a long and successful career which spans 26 years. The focus of his career has been client facing, and through Fortis he is heavily involved with clients operating on a Pan European basis.
Talking about his new role, Tim Corbett ABFA Chairman, said; "I am delighted to have been elected chairman of the ABFA. I believe our industry has a lot to offer and is set to continue to grow through out 2008 – this is the message I want to reinforce with the business community. Together we will be looking at new ways for the asset based finance industry to build on its strengths, particularly as the economy continues to be challenging."
Kate Sharp, CEO of ABFA, said; "It is with great pleasure that I announce Tim as the new ABFA chairman. Tim has been involved with the association for many years now and is a great ambassador for the industry."
Tim Corbett takes over the chairmanship of the ABFA from Ted Ettershank, who held the post for the last year.