BNP Paribas Leasing Solutions UK has appointed a head of equipment and logistics solutions (ELS) sales, with focus on key accounts and business development.

Mark Richards joins BNP Paribas Leasing Solutions from Marubeni-Komatsu Finance where he was head of sales. Prior to this, Richards was head of vendor sales for Hitachi Capital Business Finance where he led the agricultural and industrial vendor sales team. Richards has also worked for other businesses in the finance industry including GE Capital Equipment Finance and CIT Vendor Finance UK.

The ELS division of BNP Paribas Leasing Solutions specialises in asset finance for the agriculture, materials handling, construction and commercial vehicles markets.

In his position Richards will be responsible for growing relationships with existing manufacturers and recruiting new partners in the agriculture, construction, food, transportation and materials handling markets.

Jean-Michel Boyer, chief executive officer of BNP Paribas Leasing Solutions UK, said: “I am delighted to welcome Mark to the ELS team. He brings with him a wealth of experience from across the asset finance industry that will prove to be invaluable in helping to achieve our growth ambitions.”

Richards said: “Last year, BNP Paribas Leasing Solutions UK went from strength to strength and to be joining at this time is a fantastic opportunity.  I will be working closely with manufacturers and dealers to ensure we continue to be the funder of choice across all of our core markets”

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Earlier in July the BNP Paribas leasing division appointed a chairman to its board of directors, following the retirement of Carlo Thill.