The Leasing Foundation has appointed Carl D’Ammassa, managing director of business finance at Aldermore, as its new chair of the board of directors.

D’Ammassa said of his decision to become the new chair of the Foundation: "I am delighted to take up the role of Chair of the Leasing Foundation. I see the Foundation as driving towards more effective development of the industry – not just in terms of diversity, but in terms of more successful careers for all in the industry.

"The Foundation’s educational programmes are excellent and will help build a sustainable industry at a time when many financial services institutions are not effectively investing in people. I’m looking forward to working with the Foundation to further unify the industry as a strong and vibrant community of professionals".

D’Ammassa’s appointment as chair is one of several new appointments, including former Close Brothers Asset Finance chief executive officer Mike Randall to the Foundation’s board. Jo Davis (Locke Lord), Fran Watson (Siemens Financial Services), Gavin Wraith-Carter (Hitachi Capital Business Finance), Gabriele D’Uva (GE Capital) and John Chadwick (Acquis Insurance Management) were named as governors.

Stephen Jenkins (Tower Leasing), Colin Tourick (International Auto Finance Network) and Sean Read (Syscap) have also recently become fellows to the foundation.