De Lage Landen has appointed
as the company’s new CEO following Karel
Schellens’ retirement in May. Slaats, who has been working with DLL
for over 20 years, will succeed Schellens on June 1.

Since joining DLL, Slaats has
held several senior positions including commercial director of DLL
in Italy and MD of DLL Germany. He also held key positions in the
US, as chief operating officer of DLL Financial Services, and then
as chairman of DLL Vendor Finance America Division, when he joined
the executive board. In 2007 he became chief commercial officer for
banking services and car lease in DLL’s head office in the

Commenting on the new
appointment, Schellens said that Slaats’s “experience, knowledge
and management style will help him guide DLL through these
turbulent times”. Slaats’ position in the executive board will be
assumed by Jan Kusters, who joined DLL in 1999 as commercial
director of DLL Translease and subsequently became president of
global business unit financial institutions.


ECS Group, the IT leasing and
asset management subsidiary of French group Société Générale, has
appointed a new president, Yves Caparros.
Caparros was formerly the group’s managing director, and will
replace the current president, Jacques Sorrel, upon his

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Caparros, who joined Société
Générale in 1974, held a variety of posts in the group’s retail
banking sector before joining ECS Group as managing director in

This is the first of a range of
senior appointments: Véronique di Benedetto has been appointed as
managing director of ECS, replacing Caparros; Laurent Briziou is
taking over as head of international sales; and Eric Lucas has been
appointed co-deputy managing director, in charge of sales for


has been appointed as project manager and
consultant for SunGard, the lease software company currently run by
Tim O’Sullivan, its sales director. Goncalves, who has been
assigned to the company’s EMEA region and is currently working on a
project with Surrenda-Link, has previously worked with De Lage
Landen, CitiGroup and ABN Amro.


GE Capital has named
as president and chief executive officer of
its Fleet Services business. Nunn replaces Bob Mitchell, who was
recently appointed to a new role leading GE Capital’s regulated

Prior to Fleet Services, Nunn
was the chief commercial officer at GE Capital’s Commercial
Distribution Finance business located in Chicago. Since joining GE
in 1992, Nunn has held key leadership roles in sales, marketing,
product development and quality within several GE businesses in the
US and Canada, including GE Plastics, GE Capital Canada Equipment
Financing, GE Vendor Financial Services and most recently GE
Capital’s Commercial Distribution Finance.


Lombard Vehicle Management has announced the appointment of a new
head of the business. Stuart Houlston
takes up the reins, following the promotion of previous incumbent
to the position of regional managing
director for Lombard Vehicle Management’s parent, Royal Bank of

Houlston joined the fleet
management and leasing company in 2003 as head of customer
services, responsible for a staff of 280. Previously he was
European IT director at computer hardware manufacturer Dell.

Houlston said: “Conducting
business in the current economic environment poses challenges, but
our overall customer focus and expertise developed in key areas
such as sale-and-leaseback and consultancy services, and with
specific groups such as SMES and van fleets, mean that we are well
placed to continue our progress.”


David Oldfield, currently the managing director of
Lloyds’s Asset Finance division, will take the reins at the asset
and motor finance division of LBG, while his counterpart at HBOS,
Lindsay Town, is to take early retirement in

Town worked for 10 years at
Halifax and then HBOS, having been instrumental in setting up the
Halifax’s high value asset finance business line. He has worked in
asset finance for over 34 years. A spokesman for Bank of Scotland
described the move as a “personal decision” for Town.

Until April, Town will work
with Oldfield as a transition advisor. Subsequently, it is
understood that Oldfield will take on leadership of the emergent
Lloyds/HBOS asset and motor finance division.

Furthermore, the Oldfield
appointment will take place within a wider restructuring involving
asset finance, which will see all activities which previously fell
under the banner of “commercial banking” for both organisations
subsumed into an overarching “wholesale” division.

Truett Tate,
an American who joined Lloyds TSB in 2003, is the new executive
director of wholesale and international banking, LBG confirmed.

A spokesman for Bank of
Scotland said that no other appointments in the LBG asset and motor
finance division had yet been finalised, with key personnel
decisions “still some weeks or months away”.


Miles Roberts,
the former managing director of Southern Finance, has been
appointed managing director of Southern’s sister company Raphaels

He is replaced at Southern
Finance by the former operations director Carl Virgo, who
has been with the company for over 28 years, having worked his way
up through the ranks. Southern Finance and Raphaels Bank are both
subsidiaries of Lenlyn Holdings.


Cordea Savills has expanded its
Munich-based investment team with the appointment of Gerhard Lehner
from KG Allgemeine Leasing, where he was responsible for the launch
and structuring of closed-end funds.


Alphabet International has
appointed a new boss, with Norbert van den
taking over as head of the multinational
lessor from Karl-Heinz Kral, who is to become CEO of Alphabet

Van den Eijnden joined BMW
Financial Services in March 2008 as CEO of the captive’s
Netherlands subsidiary, having worked before that for Athlon Car
Lease International for 13 years, and having held a number of
automotive finance sector roles before that.