Philip Davies has been appointed Managing Director of State Securities plc.
Philip has had a long and distinguished career in the leasing industry, beginning in 1982 with computer leasing company, United Leasing. Since then Philip has held directorships at Chase Manhattan Leasing and Five Arrows Leasing Group where he was a founding director. He has enjoyed a variety of roles at Five Arrows over the years including close involvement in the purchase of Fineline Media Finance, State Securities plc and Print Finance.
In 2004, he was appointed Managing Director of the Group’s UK broadcast and IT equipment finance subsidiary, Five Arrows Leasing Limited and since 2006 has held dual responsibility for this and the Group’s specialist back office outsourcing business, LPM Outsourcing. Philip has now left LPM Outsourcing and has been appointed Managing Director of State Securities plc. He remains a Board Director of Five Arrows Leasing Group Limited and all the other group subsidiaries.
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