Asset finance provider Invigors has appointed a UK-based associate for the firm.

Invigors, the European arm of The Alta Group, has appointed Tor Bowen, formerly managing director Australasia for Volvo Financial Services.

With a career focused on vehicle finance and restructuring, Bowen has over 35 years of experience in asset finance. In over 10 years with Volvo, Bowen founded Volvo Finance Australia, setup financial programs across Asia and also established a dedicated bus and coach finance operation for Volvo Bus Corporation in North America.

Bowen said: “I am delighted to be joining the Invigors team. The European vehicle and equipment asset finance markets are facing major challenges driven not just by the political upheavals in the UK and Europe but also by the revolution in technology taking place throughout the industry. I am looking forward to helping our clients maximise opportunities presented by those challenges as their business models evolve to meet the changing markets in Europe and elsewhere.”

Chris Boobyer, senior partner at Invigors, said: “Tor Bowen brings a wealth of experience and expertise in vehicle and equipment finance across captive, bank-owned and independent leasing organisations. We are delighted he is joining the team and believe he will add strength and depth to our existing capabilities here in EMEA and also within the wider Alta Group.”

Invigors financial services include corporate restructuring, strategic marketing and research, M&A, asset and lifecycle management, funding, tax, regulatory and accounting services.

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Last year Invigors appointed a senior consultant in the Netherlands.

Frans Jansen joins Invigors from a position as vice-president of Doosan Infracore Financial Solutions, where he managed a specialist team operating a “virtual captive”, handling back-end functions for funders in 26 countries.

Prior to this, Jansen was a managing director at consultancy Leasing Services, and a managing director at Siemens Financial Services.