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Bibby Financial Services Announces Appointment of VP of Operations, Dominique F....

Wed Dec 26, 2007 10:42pm EST
Bibby Financial Services Announces Appointment of VP of Operations, Dominique F. Villarreal

HOUSTON--(Business Wire)--Bibby Financial Services is pleased to announce the appointment of
Dominique F. Villarreal, VP of Operations for their new Houston
location. He joins Bibby after more than 15 years in the Commercial
Finance business at Riviera Finance.

   Over the last five years since its North American operations
started, Bibby Financial Services has enjoyed phenomenal growth in
providing receivables funding to small to medium sized businesses, at
least doubling its size each and every year. In his capacity as VP of
Operations, Dominique will ensure this level of growth will be
maintained through an aggressive expansion into the Houston area.
Dominique states, "With Houston having one of the largest gulf ports
and airports in the nation resulting in tremendous growth for the
trucking industry, in addition to the booming oil and steel
industries; Bibby has secured a strong position to service these
opportunities by providing strategic lending and support for both
factoring and asset based lending programs."

   Stewart Chesters, chief operating officer of Bibby Financial
Services (Holdings), Inc., said, "We are very excited that someone
with Dominique's experience has joined our North American management
team. During our momentous 200th anniversary of the Bibby Line Group,
Dominique's extensive experience in the highly competitive Houston
financial services sector will help us maintain our position as a
leading player in the U.S. receivables funding market."

   Dominique is a member of the Commercial Finance Association, the
National Hispanic Association, and the Turnaround Management
Association. He has been a Houston resident for over 30 years,
currently with his wife and two children.

   Dominique can be reached at dvillarreal@bibbyusa.com.

   Notes to Editors

   Bibby Line Group is a business-to-business services group involved
in ship owning and operation, shallow water accommodation, offshore
oil field services, contract logistics, financial services, memorial
parks, employment law and health and safety advisory services, and
retail.

   Bibby Financial Services is a market-leading specialist in the
provision of a range of business cash flow solutions to small and
medium sized enterprises. Its product portfolio includes receivables
finance, factoring, export finance, purchase order finance and
specialist solutions for the staffing and trucking sectors.

   Operating via a global network of 28 autonomous operating
companies in the United States, Canada, the United Kingdom, France,
India, Ireland, Poland, Czech Republic, Slovakia and Australia the
group purchased more than $6 billion dollars of receivables and had
more than 7,000 clients worldwide.

   For more information on Bibby Financial Services, visit
www.bibbyusa.com www.bibbytf.com www.bibbyfinancialservices.com

   For more information on The Bibby Line Group of Companies, visit
www.bibbygroup.co.uk.

Bibby Financial Services
Jennie Wills
Tel: 630 493 3106
Email: jwills@bibbyusa.com
www.bibbyusa.com

Copyright Business Wire 2007



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