Leasing Life’s monthly summary of the key career moves in the leasing and finance industry.

ULTIMATE FINANCE BOOSTS SENIOR SALES TEAM WITH IGF STAFF

Ultimate Finance has appointed three executives to its London and South-East sales team, all of whom have held positions at Independent Growth Finance (IGF).

Nick Haggitt, head of sales for the region, started his career in 1999 as sales manager at Bibby Financial Services. He covered a number of positions in invoice finance before becoming director of IGF from 2009 until last year.

Before joining Ultimate, he was in charge of new business origination at Paragon Business Finance. Matthew Taylor has been appointed as senior regional director. He entered the industry in 2004 as business development manager for London and the south at ABN Amro.

He then held positions at Royal Bank of Scotland Commercial Services and Innovation Finance before spending almost five years as regional director and invoice finance specialist at IGF. Chris Mitcham, regional sales director, started out as invoice finance manager in 2000 at Abbey National, now Santander UK.

He moved on to Close Brothers Invoice Finance and Skipton Business Finance. Before joining Ultimate, he spent a year as regional sales director for the home counties at IGF.

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UBER HIRES FORMER CIT GROUP CHIEF FINANCIAL OFFICER

A former president at the CIT Group has been made chief financial officer of ridehailing service Uber.

Nelson Chai was president at CIT Group from 2010 until 2015. For the year to August he was president and chief executive officer at The Warranty Group. Prior to his time at CIT Group, Chai was a chief financial officer at Merrill Lynch.

Chai has also been chief financial officer at NYSE Euronext, parent company of the New York Stock Exchange, and at Archipelago Holdings, the first fully electronic stock exchange in the US.

HILTON-BAIRD DIRECTOR APPOINTED TO CICM’S EXECUTIVE BOARD

Hilton-Baird director Victoria Herd has been appointed to the executive board of trustees at the Chartered Institute of Credit Management.

As a trustee, Herd will work with other industry experts in the UK’s credit industry and provide the institute’s members with support, advice and career development. Herd has been a director at Hilton-Baird since July 2017.

Previous roles include value director at Beyond Funding, receivables management lead at Deloitte UK, and credit controller at Siemens.

ALPHABET APPOINTS UK CHIEF OPERATING OFFICER AND REMARKETING HEAD

Alphabet, BMW Group’s car and van commercial leasing division, appointed a chief operating officer for its UK operations.

Uwe Hildinger will take over from Nigel Fletcher, who has acted as interim chief operating officer for the last 12 months. Hildinger was previously based at Alphabet’s headquarters in Munich, where he was chief sales officer.

He has been with Alphabet since 2008, and has also covered positions including head of business unit sales and head of business unit operations. Alphabet’s new head of remarketing, Sacha Imamkhan, also joins from Alphabet’s Munich headquarters, where she has been project manager for new markets since 2015.

Imamkhan has covered a number of positions within BMW Group’s financial services division, as well as within ING Lease.

She played a key role in the integration of the Dutch group’s car leasing business into Alphabet following its €637m (£567m) acquisition in 2011. Imamkhan will now oversee the de-fleeting and remarketing of all of Alphabet UK’s vehicles, heading a 15-strong team in Farnborough.

WYELANDS BANK ADDS ASSET FINANCE MANAGING DIRECTOR

Wyelands Bank has appointed Jim Higginbotham as managing director, asset finance. Higginbotham has spent 27 years in the finance industry, in a career covering areas such as commercial banking, investment banking, wealth management, asset and invoice finance.

Before joining Wyelands, Higginbotham held positions at Lombard, initially as head of risk and then as managing director of corporate specialist sales. Before that, he was head of risk at GE Commercial Finance.

Most recently he was managing director and co-owner at Specialist Asset Finance.