People moves: Leasing Life’s monthly summary of the key career people moves moves in the leasing and finance industry.
Nordea appoints chief financial officer
Nordea has appointed a group chief financial officer to succeed Heikki Ilkka. Christopher Rees will begin in the role in March, also taking up the functons of head of group fnance and treasury and member of the group’s executive management.
Rees, currently deputy head of wholesale banking and head of Nordea Markets, joined Nordea in 2015, initially as chief operation officer for wholesale banking. He began his finance career in 1996, holding positons at Barclays, Morgan Stanley and Merryl Lynch before joining the Nordic bank.
Aldermore creates head of business development role
Aldermore has appointed Nick Dudley to a new role of head of business development
for dealer services in its business finance division.
Dudley will be responsible for accounts in a variety of industry sectors, with a particular focus on transport and construction. This is designed to complement the bank’s growth ambition in the manufacturer and dealer services platform.
Dudley will also play a key role in developing new products to meet growing customer demand, said Aldermore. Dudley has over 25 years’ experience in the asset finance industry, where he has held senior positons at companies including Hitachi, ING, GE Capital and Close Brothers. He will be based at Aldermore’s Reading office and will report directly to Stewart Good, head of manufacturer and dealer services.
Tusker appoints three senior staff
Tusker, a ﬂeet manager and provider for companies’ benefit-in-kind programmes, has made a number of senior appointments.
David Brockwell is now in charge of directing operations, with responsibilities that include remarketing. Brockwell has been with Tusker since 2006, and has been chief financial officer up to this point.
Replacing Brockwell as chief financial officer is Laura Alexander. She previously held the role of group financial controller at Towergate Insurance, and prior to that director of financial planning and analysis at recruiting company Hays.
Lesley Davies has also been appointed as chief people officer. She has experience in human resources and people management, most recently as director of people experience at mobile operator Three. Prior to that, she spent 20 years with retailer Marks & Spencer, most recently as head of HR for UK retail.
Davies and Alexander will report to Tusker chief executive officer David Hosking.
Hampshire Trust adds former GE Capital staffer to team
Hampshire Trust Bank has appointed Nicola Fernandez as business development manager in its asset finance team. Based in Exmouth, Devon, Fernandez will focus on broker relationships in South West England and Wales.
Hampshire Trust Bank’s asset finance team has a UK-wide network of business development managers to provide additional support to the brokers with which it works.
Mercedes-Benz Financial Services UK appoints commercial vehicles director
Nick Andrews has been appointed as commercial vehicles director at Mercedes-Benz Financial Services UK, elective from 1 February 2018.
Andrews will oversee the sales and operationsof financial services for Mercedes-BenzTruck, Mercedes-Benz Van and EvoBuscustomers. He has moved from Mercedes-Benz Cars UK, where he was ﬂeet andremarketing director during a period ofgrowth for the brand. Before that Andrews was head of ﬂeet, where he helped toachieve a 20% rise in ﬂeet registrations.
Andrews joined Mercedes-Benz in 2011 with significant automotive experience, including seven years at Volkswagen Group, and seven years at Nissan before that.
Lloyds creates team to drive invoice finance broker business
Lloyds has launched a dedicated team to increase the volume of invoice finance business from the broker channel.
Lloyds set up the team in response to increased demand following the bank’s launch of a new commission structure in March 2017. Under the new proposition, brokers who refer clients to Lloyds for invoice discounting, factoring and asset-based lending can receive a 40% share of the fees earned over the lifetime of the customer relationship. The proposition applies to SME customers, with turnovers of up to £25m (€28m).
The team, which will be part of the commercial banking division, will be headed by broker channel head Karl Leitelmayer, who was previously East Midlands and East England area director for SME global transaction banking. He will be aided by Claire Boswell leading the direct sales team, and a newly created broker support team based in Manchester.
Leitelmayer said: “The intermediary market is growing at pace and we need to make sure that we are aligned to how our clients are reviewing their funding requirements.”
Reed Smith adds asset finance partner to Paris offices
Law frm Reed Smith has added an asset finance partner to its offices in Paris. Victoria Westcott has joined the practice’s financial industry group as project, asset and export finance partner.
Westcott joins the company from White &Case, another legal practice. While there,she was a project fnance partner for over10 years, as well as head of asset financepractice in Paris. She also spent three yearsat White & Case’s Budapest ofce.
Westcott will be joined by three other attorneys: Florent Rigaud as counsel, Elaine Porter as a senior associate, and Abdullahi Mohammed as mid-level associate.