DLL has appointed Rod Versteegh and Neal Garnett as presidents of two of its global business units, vowing to ‘sharpen focus’ on core areas of their business.

Versteegh will take the role of president of food and agriculture global business, after 16 years at DLL. Prior to this role, Versteegh served as president of construction, transportation and industrial (CT&I) global business unit, and has more than 25 years’ experience in the financing industry.

Garnett joined DLL in 1998, will take Versteegh’s former role as president of CT&I. His most recent position was as senior vice president and general manager of CT&I operations in Europe and Asia.

Tom Meredith, chief commercial officer at DLL, said “Rod and Neal have both played a significant role in the growth of our commercial organisation over the last 15 plus years.

“As we continue to sharpen the focus on our core vendor finance business and target further growth and product innovation, I cannot think of two better leaders to guide these strategically important business lines for DLL.”

Both appointments are effective January 1 2017.