GMAC Commercial Credit (GMAC CC), the independent invoice finance company based in Brighton, has promoted Nick Johnson to regional portfolio manager.

Mr Johnson has been with GMAC CC since 1997 and has more than 18 years' experience in retail and commercial banking.

For the past five years, he has been manager for his own portfolio of clients.

In his new role, he will continue to have day-to-day contact with clients and assume responsibility for a team of portfolio managers.