James Fenner was named the new head of capital markets for GE Capital in EMEA.
Fenner, who is based in London, will oversee securitization and alternative funding strategies, together with GE’s Treasury function, for GE Capital businesses in the region.
He will also be responsible for all strategic lease and loan syndication activities.
The new appointee reports into Richard Laxer, EMEA president & CEO for GE Capital.
Fenner was head of leveraged loan capital markets at Merrill Lynch, a position he held since 2005. Before that, he was in a variety of roles with Deutsche Bank from 1986, ending as managing director of loan capital markets responsible for project finance, telecoms and leveraged finance.
“As one of the largest lenders to the SME sector in EMEA, and the largest factoring provider globally, GE Capital is already working extensively with governments and customers in the major European economies to support key sectors and businesses,” Laxer said. “James brings a wealth of experience to the capital markets role that will help us provide more creative solutions to customers and generate new sources of funding that we can pass onto businesses.”