Business Finance Company UC Finance Appoints Alasdair McGill To Chief Executive Officer Role

Innovative business finance, contractor finance and freelancer finance company UC Finance has appointed Alasdair McGill as its Chief Executive Officer. End Quote

(1888PressRelease) September 18, 2012 - Innovative finance company UC Finance has appointed Alasdair McGill as its Chief Executive Officer.

The appointment, made in advance of the company's planned launch this month, will see McGill spearhead UC Finance's plan to launch a range of ground-breaking financial services designed to offer a refreshing alternative to the lending options currently on the market.

A proven entrepreneur with over 20 years' experience as a business leader and turnaround expert, McGill's recruitment signals the beginning of an ambitious growth strategy intended to establish the company as a significant player in the market within three years. Having led the team that secured initial funding of £5m, in addition to receiving approval of a Regional Selective Assistance Grant of a further £250k from Scottish Enterprise, McGill's activities within the company during recent months has ensured that the team at UC Finance is primed for rapid growth in the coming months.

"UC Finance was created to be everything that modern finance should be but frequently isn't, offering a range of services that are transparent, honest, affordable and easy to both access and administer. So when it came to finding the right man to lead such an operation, Alasdair's appointment was a no-brainer. In addition to years of sterling experience he has the drive, the determination, the integrity and the innovative approach to business life that make him the ideal choice to take the company forwards as we begin this exciting stage of its development," said company chairman Alf Gordon.

"We're delighted that he has chosen to join us and look forward to working with him to make this company the success it deserves to be."

A trained accountant, McGill cut his teeth with Ernst & Young before joining Perth-based Construction, IT and Leisure group Aim. After serving in a range of leadership positions at QMS, Marwell Group and GHRL he was appointed Managing Director at the Aberdeen-based FW Accounting in 2007, where he was largely responsible for turning around the company's fortunes and returning it to a profitable basis.

McGill commented: "This is a tremendous opportunity to play a major role in a company that's been conceived to disrupt the financial services status quo and bring a new brand of honesty and integrity to a sector that as never been lower in the public's estimation. Given that we'll be introducing an entirely new approach to the UK market this is clearly going to be a major challenge, but it is one that I am looking forward to with considerable relish."

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