Leasing Life’s monthly summary of the key career moves in the leasing and finance industry.
Aldermore appoints business finance director Aldermore Bank has appointed an interim business finance managing director with overall responsibility for invoice finance, asset finance and commercial real estate.
Tim Boag will replace Carl D’Ammassa who will leave the bank on 15 July after five and a half years to become chief executive officer at White Oak UK later this year, following the retirement of its managing director, Peter Alderson.
Boag joins from Royal Bank of Scotland where he was managing director for its corporate and commercial sector. He was previously on the management board of Lombard, RBS’s asset finance division, and also spent seven years on the board of the Business Growth Fund, a business set up to make equity investments in SMEs. Boag’s appointment is subject to regulatory approval.
BNP Paribas LS makes executive appointments BNP Paribas Leasing Solutions has made appointments to the roles of country supervisor and managing director of the technology solutions international business.
Raf Ramaekers is now responsible for the supervision of BNP Paribas Leasing Solutions’ UK and US entities, as well as the DACH (Germany, Austria and Switzerland) and BeNe (Belgium and the Netherlands) clusters.
Pascale Favre succeeds Ramaekers in the role of managing director of the technology solutions international business. Favre has over 20 years’ experience in the financial sector. After a role at BNP Paribas Factor from 1994 to 1999, she joined Dell Financial Services as account manager, later becoming head of sales for large corporate and public accounts. In 2009 she became business development manager at Siemens Financial Services.
Ramaekers has extensive experience in the financial services sector, including 21 years in the leasing industry. He has worked for BNP Paribas Leasing Solutions for 13 years, initially as managing director of BNP Paribas Leasing Solutions in Belgium. In 2010, he became managing director in the Netherlands, where he oversaw the integration of Fortis Lease into BNP Paribas Leasing Solutions.
Midlands Asset Finance adds relationship manager Financial services broker, Midlands Asset Finance (MAF) has hired a relationship manager for the Black Country. Shannon Thompson will support SME and corporate businesses in areas including asset, invoice and property finance.
Thompson joins MAF after spending two years as a sales and marketing executive at Close Brothers Asset Finance, and three years as a mortgage and protection adviser at Oviso Financial Services.
Positive Cashflow adds head of sales Manchester-based invoice finance funder Positive Cashflow Finance has promoted Andy Hume to the freshly created role of head of sales. Hume will be responsible for leading Positive’s new business effort, working through its network of introducers and brokers as part of the 1pm Group.
The move follows changes in the leadership team which saw David Smith step down and Phil Chesham move to replace him as head of business, vacating his sales leadership role.
Hume steps up to the position having gained 16 years’ experience in the invoice finance sector. Prior to his five years at Positive, he spent time at ABN Amro Commercial Finance and its subsidiaries.
Simply makes two board appointments Simply has added two board members to lead its risk and legal functions. Richard Chadwick joins as chief risk officer after seven years at Close Brothers, most recently as commercial head of underwriting. Prior to that, Chadwick spent eight years at PwC, where he qualified as a chartered accountant. He will run Simply’s credit, collections and risk functions.
Roumena Goscomb is promoted to the board as general counsel after 16 months at Simply, continuing to oversee all legal and HR matters. She previously worked as legal counsel at a number of institutions, after starting out and spending the first 10 years of her career at Slaughter and May.
Former Arkle Finance MD joins Halo as non-executive director Halo Corporate Finance has appointed Stephen Bassett as non-executive director.
Bassett has over 40 years of asset finance and leasing sector experience, with much of his career covering senior management and directorship roles at organisations including Schroder Leasing, Lloyds and Scottish Finance, Lombard, Wyse Leasing and Broadcastle.
Independent Growth Finance appoints chair Commercial finance provider Independent Growth Finance has appointed a non-executive chair. John Allbrook will take over from Matt Cooper, who served as chair for the past three years.
Since leaving GE Capital in 2004, Allbrook has worked with private equity and AIM-listed businesses in the financial services and technology sectors.
Subsequent positions include chief executive officer at GoIndustry, and executive chair at Syscap where he facilitated the sale of the business to the Wesleyan Mutual Assurance Society.
Close Brothers Asset Finance adds to Scotland team Close Brothers Asset Finance has appointed an area sales manager to enhance the company’s presence in the north of Scotland, with focus on Inverness and Moray.
Martin Mackenzie, a graduate of Close Brothers Asset Finance’s Sales Academy programme, rejoins after three years away building his motor sales experience, where he specialised in cars and LCVs.