Ritchie Bros. Financial Services (RBFS) appointed Blake Macaskill managing director.

“With more than 25 years in the financial services sector, Blake brings a wealth of knowledge and experience to the organization,” said Jim Case, CEO of Ritchie Bros. Financial Services. “RBFS was incorporated just six years ago and has already surpassed $1 billion in funded volume. We are growing fast. We have an amazing team dedicated to providing our customers with world-class service, and we believe Blake’s leadership will help us leverage and scale our platform to build deeper relationships with existing customers and partners, as well as extending additional value with new customers.”

Prior to joining RBFS, Macaskill was president and managing director of CIT Canada. He also served as regional vice president of Office Technology for DLL and held leadership positions with GE Capital’s Fleet Services and Capital Vendor Finance divisions.

“I’m excited to join this best-in-class platform and looking forward to contributing to the innovative growth strategy, focused on superior customer and partner experience,” Macaskill said.

Ritchie Bros. Financial Services was established in 2011. It is a financial services provider specializing in equipment financing solutions for construction, transportation, agriculture and other industries.