George Ashworth, managing director of asset
finance at UK bank Aldermore, has been appointed to the board of
directors of European leasing trade body Leaseurope.
Ashworth replaces Alex Baldock, managing
director of Lombard, the asset finance business of Royal Bank of
Scotland.
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Although Ashworth has vast experience in
European leasing, having held positions with Fortis Lease Group,
Lombard and De Lage Landen, the appointment could be seen as a coup
for emergent bank Aldermore which launched in mid 2009 and opened
its asset finance division six months later.
Jukka Salonen, Leaseurope’s chair, said he was
delighted to announce the appointment and added: “Knowing George
well, I am confident that he will be a strong asset for the
Federation in view of the many challenges ahead arising from the
current regulatory, financial and economic environment.”
Ashworth said: “I am both proud and delighted
to be joining the Board of Leaseurope at such an interesting and
challenging time.
“The whole question of lease accounting is
still in the mix, the liquidity crisis is far from over and banks
are continuing to wrestle with the questions posed by and
associated with Basel III.
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By GlobalData“The history of equipment leasing is one of
strong and persistent innovation. I feel certain that leasing as a
product will emerge from these testing times even stronger, and I
look forward to playing my part in ensuring that it does.”
grant.collinson@vrlfinancialnews.com
