The Leasing Foundation today announced that it has officially launched its Industry Insights programme, a cross-industry initiative focused on retaining and developing young talent in the rapidly growing business finance sector.
The 18-month programme will enable participants to gain exposure to businesses outside of their own organisation’s development and give them the tools to further their careers and learn more than they would be able to from one employer alone.
The first three-hour workshop was hosted by the Finance & Leasing Association (FLA) and provided the 24 individuals taking part with an in-depth look at the business. They also met senior members of the FLA team to find out what their career journeys have been like.
Nathan Mollett, Leasing Foundation director and head of asset finance at United Trust Bank, said: “The thing that makes this special is that it’s a cross-industry initiative – it feels like the whole industry has come together to make this work.
“The participants get to spend time with a really diverse range of businesses, including large banks, challenger and niche banks, advisors, legal firms, fintechs, and brokers. Our participants also have different backgrounds, different employer types, different and levels of experience. We have brokers, experienced bank salespeople, finance managers, accountants, credit people – it’s a great mix.”
In addition to the workshop sessions, the Industry Insights initiative provides post-workshop ‘reflection sessions’ and a private Slack community enabling individuals to form strong professional connections with their peers and get access to more senior executives within the industry who can provide guidance when needed. There will be additional sessions over the next 18 months, held by FLA and other participating companies such as Shawbrook, Haydock, Funding Circle and Wesleyan.
Mollett continued: “I think one of the key benefits for the participants is the opportunity to build relationships with other people in the cohort. Just think where this group will be in ten years’ time and how their career will have progressed. We believe this is an industry first.”