London-based Beacon, the next generation freight forwarding and supply chain finance company, has appointed Brenton Booth as Head of Supply Chain Finance. Brenton joined the company on 1 April.
Prior to joining Beacon, Brenton ran his own strategy and product development consultancy working with financial services companies and fintechs in the creation of new trade, working capital finance and logistics solutions.
During his 25-year career, Brenton has also served as Global Head of Product Management: Trade and Working Capital at Barclays Bank Plc, where he led the successful transformation of the global product management function, oversaw the centralisation of European operations and launched new commercial product partnerships with a number of global fintech companies. Before this, he was Head of Working Capital Finance for the Barclays Africa Group, where he led the successful business rescue, strategic transformation and growth of this key lending division in the group. This included the launch of new products, expansion into new markets and the implementation of digital technology.
Brenton has held various other senior management and business turnaround roles in both mid-sized and global banks in EMEA and also held the role of Chairperson for a large NGO in South Africa. He has a BCom and a MBA in Business Administration and Management from the University of South Africa and the Gordon Institute of Business Science, respectively.
Commenting on Brenton’s appointment, Beacon co-founder and CEO Fraser Robinson said:
“We are delighted that Brenton has joined the Beacon team. One of our key priorities is to build the best team possible, and I have no doubt that Brenton’s extensive experience in trade and working capital finance will be invaluable to us as we scale our supply chain finance product – our biggest differentiator in the marketplace. Cash flow is one of the greatest challenges facing importers today and we are committed to providing our customers with a combined solution spanning logistics and supply chain finance to drastically simplify operations and deliver value.”
Newly appointed Head of Supply Chain Finance Brenton Booth added:
“I am excited to be joining Beacon as it continues on its rapid growth trajectory. My focus is using technology and data to inform the design and delivery of new client experiences and business solutions in the areas of supply chain finance and logistics, and I am very much looking forward to helping Beacon become a leader in these areas.”
Beacon’s mission is to become a global leader in logistics and supply chain finance by making trade simpler, more transparent and more reliable for businesses. It offers a full range of services, including global ocean, truck and air freight, together with supply chain finance, all of which can be accessed and managed on a single platform. The company uses best-in-class AI, data science, cloud and automation technologies to unlock significant operational efficiencies. The platform combines a real-time view of the global delivery of cargo and a marketplace view of global shipping costs and prices, all powered by machine learning that optimises shipping routes and processes for improved cost, speed and predictability.