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May 1, 2008

On the move

Alain Vervaet will retire as CEO of ING Lease Holdings...Malcolm Ogle has been appointed as EMEA chairman at The Alta Group...Elliot Lennick, CEO at MAN Financial Services in the UK...

By Verdict Staff


Alain Vervaet will retire as CEO of ING Lease Holding on 1 April, after eight years at ING Lease and 34 years in the industry. He will remain involved at ING Lease as a member of the company’s supervisory board, and will keep his role as a board member at Leaseurope.

Last November, Vervaet was awarded the Leasing Life Lifetime Achievement Award for his important contribution to the industry.

Replacing Vervaet as CEO of ING Lease Holding is John Howland Jackson, currently UK CEO for Wholesale Banking at ING. Jackson was previously CEO for Wholesale Banking in Asia, and also held positions at NatWest Markets, Nomura, JPMorgan and Kleinwort Benson.

In turn, Jackson will be replaced by Gerlach Jacobs, who is currently co-head of ING General Lease and a member of the board at ING Lease Holding. Jacobs’ role is not being replaced, but his responsibilities will be assumed temporarily by Krzysztof Bielecki, co-head of ING General Lease.


Malcolm Ogle has been appointed as EMEA chairman at The Alta Group, a leasing consultancy. He replaces Derek Soper who stepped down to become an associate of the company. Ogle has been in the leasing and asset finance industry for more than 30 years and was formerly a managing director at Lombard Corporate Finance.


Elliot Lennick, CEO at MAN Financial Services in the UK, is to oversee MAN’s Region East in addition to his current Region North responsibilities.

The move will see Lennick take charge of Man FS in the Czech Republic, Poland, Slovakia and Romania in addition to his current role in Scandinavia, Ireland and the UK.

As a result of Lennick’s additional commitments, Andrew Laming has been promoted to chief financial officer for Region North. A CFO for Region East will also be appointed, and will be supported by Piotr Borowski and Frank Liska, the new country managers in Poland and the Czech Republic respectively.

Jens Mac Larsen has become general manager for Scandinavia and Peter Collins has become responsible for sales in the UK and Ireland.


Kasper Skrivner has moved to Cisco Systems Capital in Denmark as a Sales Manager. He was previously with GE Capital Solutions in the same role.


Olivier Touze has been appointed as managing director at Warwick-based BRS Ltd, a truck rental, contract hire and fleet management services company owned by the Volvo Group. He replaces Enrico Odorico, who has left the company after two years. Touze was previously at Renault Trucks in Lyon, where he was responsible for its European rental operations, Clovis Rent.


The British Vehicle Rental and Leasing Association (BVRLA) has promoted John Lewis to the position of chief executive, a newly created position. Lewis joined the BVRLA eight years ago as its sixth director general.


Fraikin has appointed Alistair Wood as procurement and services director. Wood will manage the company’s annual expenditure of more than £40 million on new commercial vehicles. He replaces George Noble, who has retired from the company.


The board of directors of Interbanca has appointed Paolo Braghieri as CEO of the bank, which provides financial solutions to the SME market in Italy and was recently acquired by GE Capital.


Roland Vanlangendijck has been appointed as managing director of KBC Bail France, the French arm of KBC Lease-Group.


Mark Venus, global head of accounts payable at BNP Paribas, has been appointed co-chair of Leaseurope’s accounting and taxation committee.

He will be responsible for the committee’s work in accounting affairs, succeeding Thomas Schröer, of KGAL, who held the position for eight years. Venus is also a member of the Joint IASB/FASB Leases Working Group.


JCB Finance has appointed a new managing director in France, Patrick Verstraeten.


The National Association of Commercial Finance Brokers has appointed Philip Hellawell as its chairman for the 2009-10 financial year. Hellawell, from Yorkshire-based Connect Business Finance, has been finance director of the association for the past three years and was deputy chairman during 2008.


Cécile André has been appointed deputy head of SG Equipment Finance, replacing Pascal Bouillon, who has been named CEO of SG Equipment Finance USA. André was previously managing director in the strategic and acquisition finance group of Société Générale Corporate and Investment Banking, in charge of financial institutions.


St Helen’s Finance has announced that Braden Harris has joined the board as non-executive director. Harris has more than 20 years of experience in the leasing and asset finance industry and is also a director at Cleaves, which is active in arranging investment and leasing projects in the maritime sector. Tony Drury resigned as non-executive director of the company at the end of 2008.


Andreas Obrist has been appointed managing director of UniCredit Leasing Romania, replacing Septimiu Postelnicu, who was promoted to vice-president for global business services last month. Obrist was previously chief risk officer at the company.


Asset finance specialist Paul Jarvis has joined law firm Denton Wilde Sapte. From 5 January 2009 he will be based in the firm’s Abu Dhabi office, from where he will advise on shipping and aviation finance transactions and increase the partnership’s Islamic finance capabilities.


The French arm of VFS has appointed a new deputy managing director, Agnès Gervois.


Alexander Schmidecker, who recently stepped down as managing director of the Austrian and Central and Eastern European regions of UniCredit Global Leasing, has re-emerged at the helm of the leasing arm of rival player Hypo Alpe-Adria.

Last month, the 42-year-old was appointed executive board chairman of Hypo Alpe-Adria-Leasing Holding, the holding company governing Austrian Hypo Alpe-Adria-Bank’s 12 international leasing subsidiaries.

Schmidecker, who at Hypo has been tasked with integrating the company’s Balkan and Ukrainian businesses, was formerly managing director of Bank Austria Creditanstalt Leasing prior to his promotion at UniCredit Leasing.


Shire Leasing has promoted Carlos Rodriguez to sales manager to continue developing the leasing business in the security market. The company has been arranging leasing for CCTV and other security equipment for more than 18 years.

John Flounders, sales director, said: “This promotion is an exciting opportunity for Carlos and one in which we all wish him well.”

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