Vendor finance company DLL has appointed Mary Dickerson as executive vice president for human resources.
Dickerson joined DLL from property insurer XL Catlin, where she served in a similar position, as senior VP for HR. A graduate of University College Cork in Ireland and St. Joseph’s University, she previously covered roles at The Hartford, AIG and Allied Irish Banks among others.
“DLL continues to ensure that we attract and retain the top talent in our industry,” said chief executive officer Bill Stephenson. “Mary is a talented executive with global experience that will help DLL continue to function as a high performing organization and guide us into the future. I’m delighted to have her join our team to guide us on this journey.”
Based in Eindhoven, The Netherlands, DLL provides vendor finance and asset management services in the agriculture, food, infrastructure, healthcare and production technology industries.
As of the first half of 2017, DLL was managing a €30.2bn (£27.7bn) asset portfolio, up 7% on a year-to-year basis. However, the company’s profits during that period suffered €70m losses in net profit, totalling only €176m. This was largely the result of the sale of car lease provider Athlon to Daimler in July – a transaction valued by DLL at €1.1bn.
DLL also transferred its leasing and consumer finance division, Financial Solutions, to the retail banking segment of its owner, Rabobank. At the time of the transfer in April, Financial Solutions’ assets were worth €4.4bn.