All articles by Jason T
The right fit
The youthful Sven Vanbinst has risen quickly to reach his current post at De Lage Landen of country manager for Belgium and Luxembourg. After having recently completed a large-scale restrucuring, he is certainly not resting on his laurels as Jason T Hesse discovers.
Work – Life Quiz: Basil Bannayi
Current job: Managing director of Surrey Asset Finance Close Print Finance Career: Surrey Asset Finance (1992 present)
Police told to watch their coppers
The Metropolitan Police (MPS), Britains largest police force, which spent nearly £50 million (57 million) in the past five years on vehicle leasing and hire (see table below), said it would be cutting down on hire.
Progress being made in ‘difficult’ times
Seeing profit fall significantly in the 12 months to 31 March 2009, Five Arrows Leasing Group Limiteds (FALG) directors called the results acceptable in difficult circumstances.
More savings to be made in remarketing
When looking at ways to cut costs for clients, lessors should look at every single area of their business to consider possible savings which could be passed on However, a recently-published independent report on lessors fleet remarketing methods, commissioned by grs, found that there were still significant savings to be made by many when disposing of assets. When questioned, many lessors will say that of course remarketing is a highly visible cost centre, and of course they take every possible step to minimise costs and maximise prices here.
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Uncertainty over Davenham future
The AIM-listed company, whose asset finance portfolio exceeds £50 million (57.7 million), said it was looking for a bidder who could take on the whole group or buy one of its arms.
Siemens Financial Services Jonathan Andrew speaks to Jason T Hesse about financing renewables, health care, the promise of emerging markets and the value of keeping customers happy. Responsible for most of Siemens Financial Services (SFS) 7 billion of assets in Europe and Asia, Jonathan Andrew says he is looking forward to the year ahead.
CIT appoints interim CEO (Free)
Troubled American lessor CIT Group has appointed Peter J. Tobin as interim chief executive officer while the search continues for a replacement to Jeffrey Peek, who stepped down last week.
UK business insolvencies slowing down (Free)
The rate of business insolvencies in the UK is slowing down, research by Experian shows.
3 Step IT appoints COO (Free)
3 Step IT, the Finnish ICT equipment life-cycle specialist, has appointed Timo Nikki as chief operating officer and deputy managing director of the group.