17 June, London: Greensill Capital, a specialist provider of Supply Chain Finance and working capital solutions for companies globally, is delighted to announce that its chief executive, Lex Greensill, has been made a Commander of the British Empire (CBE) for services to the economy in the 2017 Queen’s Birthday Honours List.
Lex Greensill saw first-hand the impact of late payments on small businesses when his father’s sugar cane farm experienced the pressure of being a small company supplying large multinationals. From those beginnings, he began to develop ideas on how suppliers could access more efficient financing, regardless of their size and geographic location.
The following years saw Lex successfully lead Supply Chain Finance businesses for Morgan Stanley and Citi before he and a team of seasoned specialists founded Greensill in 2011. He was appointed a senior advisor to the UK Prime Minister where he advised Downing Street and the White House on the successful launch of their Supply Chain Finance initiatives. He is also a Senior Advisor to Her Majesty’s Government on Supply Chain Finance.
Speaking about his award, Lex said:
“I am delighted and humbled to have been awarded a CBE by Her Majesty. Her decision is a wonderful recognition of the indefatigable work that our team of 160 professionals in the UK and around the world do every day in providing over 1 million SMEs with access to ultra low-cost credit.”