Specialist bank Aldermore has appointed Tim Bearder as its head of specialist vehicle valuations within its business finance division.

The new role will see Bearder responsible for vehicle valuations in the newly created specialist car team.

Bearder has more than 35 years in the motor industry, having previously held several senior positions with manufacturers such as Porsche and Aston Martin.

He was most recently Black Book Editor at Cap HPI where he worked for more than nine years.

Bearder will be based in Aldermore’s Leeds office and will report directly to Paul Seddon, head of large value underwriting in the asset finance business.

Bearder said: “My aim is to build on the great work that has already been done in order to ensure we seek out new opportunities to help us increase the support we provide in the specialist car sector.

“I look forward to working with Paul and the team and I’m confident that my extensive experience will help contribute to the Bank’s overarching ambition to increase market share.”

Aldermore Asset Finance’s head of large value underwriting Paul Seddon said: “It is vital that we have the right people in place to help us to continue to grow our business.

“Tim’s expertise and in-depth knowledge in the valuation and specialist vehicle sector, will help us deliver consistently high levels of service to our introducers.

"He will be a great asset to the team and I am delighted Tim is joining Aldermore.”