All articles by Antonio Fabrizio
Antonio Fabrizio
New appointment at LeasePlan UK
LeasePlan UK has appointed Matt Cranny as operation and service director Within LeasePlan UK, Cranny previously held the role of service improvement director, with responsibility of customer satisfaction and service.
Grenkeleasing expects ?28m profit in 2010
Germanys Grenkeleasing expects to expand again this year, forecasting a significant growth in new business and a profit of up to 28 million. Grenkeleasings deputy chairman Uwe Hack said at the annual general meeting: In the first quarter of 2010 the Group, including franchise partners, increased new business considerably by 26.6 percent.
VWFS migrates to SAP-compliant system from WCG
Volkswagen Financial Services UK (VWFS UK) has migrated to a fully SAP-compliant contract management system from software house White Clarke Group (WCG).
Black Horse’s Chris Sutton is new FLA chairman
The UKs Finance & Leasing Association (FLA) has elected Chris Sutton as its new chairman. Sutton is consumer finance director for Black Horse Motor and Personal Finance parts of the Lloyds Banking Group. He replaces David Betteley, director of financial services at Jaguar Land Rover, who is standing down as FLA chairman after three years.
Fraikin appoints new CEO
Contract hire and rental specialist Fraikin Ltd has appointed Peter Backhouse as its new CEO. Backhouse replaces Laurent Bonnaure, executive vice president international at Fraikin Group, who took on the role of interim MD of Fraikin Ltd in October 2009. This followed a nine year period in which John Ball led the CV specialist, increasing the companys fleet from 1,600 units to 15,000 vans and trucks today.
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Banca Agrileasing appoints new chairman, posts results
Italys Banca Agrileasing has appointed Serafino Bassanetti as its new chairman The new board of management also includes Florio Faccendi, Claudio Bin, Marcello Cola, Luigi Mondardini, Carlo Napoleoni, Giovanni Pontiggia, Pietro Roman, and Alfredo Savini.
SGEF: ?8.5 billion new business in 2009
SG Equipment Finance (SGEF) posted new business totalling 8.5 billion last year, compared with 10.3 billion in 2008. The French lessor, with a network that covers 25 countries, said it increased market shares in specific markets and managed to offset the impact of the financial crisis “by offering new services and improving operational efficiency” By country, Germany represented 29 percent of new business for SGEF, closely followed by France with 28 percent
Glass’s: “outbreaks of optimism” in used CV sector
UK commercial vehicle operators should try and identify existing opportunities to purchase used vehicles, according to vehicle valuation specialist Glasss. George Alexander, chief CV editor at Glasss, said that despite the level of confidence remaining so frail, there are still a few outbreaks of optimism where profit opportunities have been identified, as shown by key recent trends According to Glasss Guide, the used LCV segment has been performing strongly at auction particularly Ford Fiesta and Vauxhall Astra Club models, while demand for Vauxhall Combo has recently improved.
Azule’s export finance achieves £50m turnover
The Datchet-based leasing specialist which is known in the UK leasing market for its expertise in broadcast and media finance launched the export finance division in August 2009 hiring Emma Nelson, previously at Sony Financial Services, to run the business Commenting on the result, Azule Finance CEO Peter Savage said that the success of the division comes as no surprise since Emmas breadth of experience, across both manufacturing and global banking sectors, gives her an unrivalled understanding of the obstacles and risks that a business faces when looking to expand into new markets.
Close Aviation Finance migrates onto CHP’s ALFA system
Close Asset Finance (CAF) has successfully migrated its aviation portfolio onto CHP Consulting ALFA Systems software solution, it has just been announced. CAF has been using the lease software specialists ALFA platform since 2006 to administer its small and middle-ticket portfolios, including commercial vehicles, construction plant, manufacturing machinery and print equipment.