CAL&F appoints new chief executive

Photo of Philippe Carayol, CAL&FCrédit Agricole Leasing & Factoring (CAL&F) has
appointed a new CEO after the departure of Olivier Toussaint in
Philippe Carayol, currently deputy CEO of Caisse Régionale de
Crédit Agricole Aquitaine, one of the French financing giant’s
regional banking networks, will take up the role on 1
Carayol started his career in 1982 at Caisse Régionale de Crédit
Agricole de Charente, and became director for the corporate market
in 1991, then director of the sales network in 1997.
He moved to Caisse Régionale de la Gironde in 1999 as director of
the sales network and was appointed deputy CEO of Caisse Régionale
Charente Maritime Deux Sèvres in 2002. In 2006, he took on the same
role at Caisse Régionale Aquitaine.
CAL&F deputy CEO Bertrand Chevallier has been acting as interim
CEO since March.



Neil Cunningham has been appointed as the new chairman of the
British Vehicle Rental and Leasing Association (BVRLA), replacing
LeasePlan’s Kevin McNally, who has finished his two-year
Cunningham, who is general manger of Hertz UK, has more than 25
years’ experience within the rental industry in Europe and the UK,
with cars and commercial vehicles.
Speaking on his appointment, Cunningham said: “We must continue to
lobby the government and its motoring agencies to reduce the amount
of bureaucracy associated with owning and operating fleets.
“I am also keen that we build on our relationships with
“There have been some tensions in recent times, but we can
successfully work through these and develop a longer-term,
proactive relationship between our two industries.”
The BVRLA has also appointed Hitachi Capital Vehicle Solutions
chief executive Simon Oliphant as chairman of the Leasing and Fleet
Management Committee, while David Brennan, MD of LeasePlan, becomes
Martin Brown, MD of Fleet Alliance, will become chairman of the
Leasing Broker Committee.



Northgate, the van hire specialist, has appointed Christopher
Muir as finance director with immediate effect.
Muir first joined Northgate as group accountant in 2003, before
becoming group financial controller in March 2004 and UK finance
director in May 2006.
He has also worked for Deloitte, the accountancy firm.
Northgate chief executive Bob Contreras said: “Chris has an
extensive working knowledge of the business and has worked for
Northgate in a wide range of finance positions, demonstrating that
he has the capability to be an outstanding finance director.”
Northgate offers light commercial vehicle hire and fleet management
services in the UK and Spain.



Hitachi Capital Business Finance has appointed Bob Rudge as
transportation asset manager to build on its commitment to wheeled
asset funding.
Rudge has more than 40 years’ experience in the transport industry,
including a stint at Dennis Specialist Vehicles and at Glass’s
He has also worked with several transport finance providers
including Lombard, Investec, Citicapital and GATX Capital.
Hitachi head of sales Marie Dunkley said: “Transport is a key area
for us and this appointment will enable us to secure further our
plan for growth and establish Hitachi Capital Business Finance as a
reliable and trustworthy leading finance provider in this
Hitachi Capital Business Finance provides funding for the transport
sector through hire purchase, finance lease and operating



Photo of Jean-Marc Mignerey, SGEF Jean-Marc Mignerey is retiring from Société Générale
Equipment Finance, where he is chief executive officer.
The bank is expected to make a formal announcement regarding his
departure in mid-September.
He will be replaced by Marie Christine Ducholet, global co-head of
Strategic and Acquisition Finance at Société Générale.
Mignerey started his career in the banking sector in 1976 and
joined Société Générale in 1982, where he set up a vendor finance
business following the merger of all the bank’s consumer and
business finance subsidiaries.
He developed this business in France and internationally.
Following SG’s takeover of Deutsche Bank’s GEFA’s unit in 2001,
Mignerey spent three years integrating that business into the
group. Since then he has been a member of SG’s Specialised
Financial Services and Insurance Division’s executive
Mignerey has been a board member of Leaseurope’s board of directors
since 2002. He served as the association’s chairman from 2005 to


Volkswagen FS

Volkswagen Financial Services (VWFS) has appointed Martin
Phillips as head of fleet operations within their fleet and
corporate leasing arm.
Phillips takes the newly created role at Volkswagen Group Leasing
(VWGL) following 18 months with the company on a consultancy basis
to help VWGL become one of the top three players in UK fleet
Phillips said the decision to make his role permanent would help
him finish important projects.
He added: “I have been really privileged to have been working with
the fleet teams over the past 18 months and I am looking forward to
continuing the good work we have started.”
Phillips said VWGL hopes to increase its standing in the Fleet News
top 50 from seventh to top three status by nearly doubling their
fleet of 47,700, while increasing customer satisfaction.
He said: “My biggest priority is managing this significant growth
whilst ensuring every customer would be happy to promote our
service to others.”
VWFS managing director Graham Wheeler said: “Martin already has
experience of our multi-marque products and services and is looking
to improve the service to fleets nationwide.
“Having Martin’s operational expertise is a major step forward for
Volkswagen Group Leasing.”
Phillips was head of operations with ING Car Lease from 2001 and
set up his own fleet consultancy company in 2008.