Outsourced service provider, LPM Outsourcing
has promoted Madeline Bowd to managing director as it seeks to grow
its leasing service provision.
Bowd previously led the company as general
manager and operations and client accounts director and was
appointed to the newly created MD role to help grow the
company.
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LPM, which manages over £1bn of receivables
through outsourced back office and lease management services, is a
subsidiary of Five Arrows Leasing Group, the asset finance arm of
Rothschild Banking Group.
Sam Geneen, group managing director at Five
Arrows Leasing, said Bowd will play an important role in LPM’s
continued growth as it targets expansion of its outsourcing
services to the leasing market.
“She is well regarded by industry peers and we
are confident she can continue to build on our position as a key
strategic partner to the asset finance and leasing sector,” he
added.
During her time at LPM, Bowd has worked within
compliance, due diligence, arrears management, risk control,
account management and new business. Prior to joining LPM, she
spent three years working in various roles within the Operations
department at Xerox Finance.
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By GlobalDataOn taking up her role, Bowd praised the
“excellent team” at LPM and said she was “pleased to be selected
for this challenging new position, as the leasing industry
increasingly looks towards outsourcing to cut costs and improve
service levels.”
grant.collinson@vrlfinancialnews.com
