1pm Group has appointed Carol Roberts and Lorraine Neyland to head up its asset division and risk function respectively.

Carol Roberts has over 50 years of experience in the financial services industry including 35 years as a managing director with GE Capital and Bibby Financial Services.

Roberts is also currently a member of the board of the Finance & Leasing Association and chair of the Leasing Foundation, and in 2017 won Leasing Life’s Lifetime Achievement award.

Lorraine Neyland joins the group following over 30 years working in the financial services industry including 25 years within the Bank of Scotland and Lloyds Banking Group across a variety of senior credit and risk roles.

Ian Smith, chief executive officer, said: “I am delighted to welcome both Carol and Lorraine to the Group. Head of asset and head of risk are both new roles for the group but they are pivotal ones within the senior leadership team.

“Both Carol and Lorraine are highly-experienced finance professionals with the ability to motivate and lead teams and I think it is reflective of the growing stature of the group that we have been able to attract individuals of such calibre. I look forward to their contributions as we look to drive the asset division forward and further professionalise and upskill the risk function. We are entering an exciting new stage of the group’s evolution and both Carol and Lorraine will prove key members of the team tasked with delivering its growth.”

1pm head of asset finance Carol Roberts said: “I’m very pleased to be joining 1pm at such an important stage in its continuing development as one of the UK’s leading independent providers of asset finance to SMEs. It will be a challenging but exciting role overseeing all three of the Group’s asset finance businesses – Onepm Finance, Academy Leasing, and Bradgate Business Finance and I can see a number of opportunities to drive the asset division forward and help to deliver continued growth.”