ECS
Ian Irving has been appointed
channel manager at ECS, the technology finance subsidiary of
Société Générale. Irving was previously business development
manager at Syscap, and is tasked with setting up the channel
business at ECS.
Go deeper with GlobalData
Also moving to ECS from Syscap
is Kevin Flowerday, who will be regional sales manager at the
French lessor. Flowerday also joins from Syscap, where he worked as
sales manager for eight years.
Finally, ECS has appointed
Andrew Scotting as one of the new managers in Flowerday’s team.
Scotting joins ECS from Commonwealth Bank of Australia, where he
worked on both direct transactions and managing vendor
relationships.
ERNST &
YOUNG
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By GlobalDataAdam Daniels, a backbone of
leasing in his specialist position of advising financial services
companies on mergers & acquisitions over two decades, has left
Ernst & Young. A partner at the accountancy firm, and a regular
speaker at Invigors’ Asset Finance Executive Briefings, he
previously spent seven years at GE Capital both in its European
M&A arm and also as its UK business development leader for
consumer finance. He also worked at Hambros Bank for eight years
working on corporate finance and asset finance. He was unavailable
for comment last month regarding what his next steps will be.
ROUND-UP OF MOVES IN ASSET
AND SALES FINANCE IN FRANCE
Pascal Darrort has been
appointed managing director of RBS Factor, the French factoring arm
of RBS. Meanwhile, on the IT front, Henri de Vivies has been
appointed deputy managing director of IBM France Financement, IBM’s
captive in France. Elsewhere, Jacques Sourbier has been appointed
managing director of Barclays Bail, the French leasing arm of
Barclays, Wolfgang Pinner has been appointed president of CNH
Capital Europe and Colin Keaney has been promoted to president of
CIT in France.
NACFB
Andy Bell, director of First
Vehicle Leasing, has been named as director of the National
Association of Commercial Finance Brokers’ vehicle finance
division.
TRANSLINC
Local authority fleet service
company Translinc has appointed Paul Wood as fleet services
director. He will be responsible for expanding the company’s
customer base and ensuring its fleet of 3,000 vehicles, ranging
from cars and LCVs to refuse collection vehicles, is managed and
maintained efficiently. Previously, Wood was managing director for
Vehicle Lease and Service.
THE NOSTRUM
GROUP
The Nostrum Group has announced
that Barry Meeks has joined as a non-executive director. Meeks has
been involved in the financial services sector for over 30 years,
holding MD and chief executive positions at subsidiaries of Skipton
Building Society including Pink Home Loans, Amber Credit and
Homeloan Management Ltd.
VENTURE STRUCTURED
FINANCE
Peadar O’Reilly and David
Coulton have been named as regional directors at Venture Structured
Finance, an asset-based lender. O’Reilly, who will head up the
Manchester office alongside current regional director Neil Topping,
has 12 years’ experience in financial services, having worked most
recently at Bank of Ireland’s mid-corporate team, where he was a
director specialising in ABL and structured debt, and helped to
establish BoI’s ABL unit, Enterprise Finance Europe.
Coulton will take the reins in the Thames Valley region, and joins
from GE Business Finance, where he was also a regional director
working in the cashflow and ABL sectors.
SMARTFUNDIT
Adrian Leach, the former
president of De Lage Landen’s technology finance business, has
joined fast growing Smartfundit as its chief operating
officer.
The move follows a restructuring of business lines at DLL and also
the redundancies of 3 percent of its staff. According to a
statement, Leach is to focus in his new role on “development and
management” at the UK-based brokerage which has generated some £700
million (€754 million) of finance from over 4,000 businesses. In
his career Leach has managed businesses in Europe, Asia and the
US.
JONATHAN WREN
The head of the leasing
division at recruitment firm Jonathan Wren has reportedly left the
company. Peter Haynes was the managing consultant of leasing at
Jonathan Wren, the division of the Adecco Group specialised in
finance and business recruitment.
Haynes has over 20 years of experience of recruitment within the
leasing and asset finance sector including small, middle and big
ticket positions. Additionally, he has worked within the project
finance, property finance and structured finance sectors.
OAK LEASING
UK lease broker Oak Leasing has
taken on two new board members: NACFB director Stephen Bassett
(formerly of Wyse leasing), and Jonathon Silver, who has experience
both as a funder and as a lawyer. In addition, Oak has added Derek
Basten to its sales team. He brings more than 20 years of sales-aid
experience to the broker’s table.
BAWAG
Alexander Schmidecker has taken
over the position of CEO at BAWAG PSK Leasing, an Austrian leasing
company which has been operating in Austria and other CEE countries
since 1980.
Schmidecker joined the leasing sector in 1994. He was previously MD
at Bank Austria Creditanstalt Leasing and, more recently, he headed
the Austria and CEE region at UniCredit Global Leasing. An expert
in leasing within Central and Eastern Europe, Schmidecker has also
been in the Leaseurope board and chaired the association’s CEE
working group.
NETSOL
TECHNOLOGIES
NetSol Technologies has
restructured its management team and combined its UK and US
operations as part of a programme aimed at reducing costs and
improving business.
The leasing software company’s merged European and US business will
be led by Mitch Van Wye, who previously ran the American division
of the company. Naeem Ghauri is the head of the newly-formed global
sales division, while Boo Ali, who was chief financial officer for
the Asia-Pacific region, will now have the same role for the whole
company, succeeding Dan Lee. Senior managers also agreed to salary
reductions up to 33 percent of their compensation.
The company’s CEO Najeeb Ghauri said that the restructuring, which
follows a comprehensive cost reduction program, “will result in a
more effective and results driven global platform.”
3 STEP IT
Stein Gran, previously the
Regional Director of the Nordic Countries region for CIT, has been
appointed director of lifecycle management company 3 Step IT’s
Scandinavian business unit.
As of 1 April, he will be responsible for all business operations
in the company’s Scandinavian markets, and will report to Artti
Aurasmaa, the group CEO. He will also join the group’s management
team.
EXPERIAN
Experian has announced the
appointment of Simon Waller as its head of collections, UK and
Ireland. He comes with some 20 years’ experience in senior
management, having developed debt management products and
consulting services for Fair Isaac and First Data
International.
