New board of the
European leasing body includes Lombard boss Alex Baldock. Claire
Hack writes.

 

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Photo of Jukka Salonen, new Leaseurope chairmanLeaseurope has named
Nordea Finance CEO Jukka Salonen as its new chairman, and has
announced its new board members for the next two years.

UniCredit Leasing CEO
Massimiliano Moi and Stephane Soille, general manager at Avis
Europe Group, become vice-chairs.

The other board members are:
José António Beja Amaro, president of the Portuguese leasing
association; Alex Baldock, Lombard managing director; Vahid Daemi,
LeasePlan chief executive; Michel Denis, Fraikin Locatime chief
executive; Andrzej Krzeminski, Europejski Fundusz Leasingowy chief
executive; Jean-Marc Mignerey, SG Equipment Finance chief
executive; Alexander Schmidecker, BAWAG PSK Leasing chief
executive; Martin Starck, LBBW Leasing chairman; and Alain Vervaet,
ING Lease Holding board member.

The new board held its first
meeting on 9 December. Outgoing chair Rüdiger von Fölkersamb was
recognised for his part in establishing Leaseurope’s new
headquarters in Brussels, known as the European House of
Leasing.

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Salonen reiterated
Leaseurope’s ambition to “develop research activities further and
to strengthen its position as the unique platform for the whole
European leasing industry”.

“The economy is recovering
from the recession and what we see is that leasing will play an
important role in creating growth in Europe,” Salonen
said.

“It will be an important
financial instrument for SMEs.”

He added that Leaseurope will
continue to encourage greater impact analysis of the IASB’s lease
accounting exposure draft, as it does not support the economy in
its current form.

“Similarly, we have to look
at what other funding and liquidity options there are in Basel III
for the leasing industry, especially for bank-owned lessors,”
Salonen said.

“Leaseurope has become a
strong organisation in lobbying and we will continue to strengthen
it in that respect as well.”

The Finnish national was appointed vice-chairman of
Leaseurope in 2008, after two years as a board member. He was on
the board of the Federation of Finnish Finance Houses from 1999 to
2006.