Chris SuttonFLA

The Finance & Leasing Association
(FLA) has announced a number of new members of its main board.
George Lynn, CFO of Angel Trains since 1994, is the new chairman of
the FLA’s asset finance division. He replaces Richard Priestman,
who has been chairman since 2007. The asset finance division has
also appointed Gordon Ferguson, head of leasing and hire purchase
at Lloyds TSB Commercial Finance, as deputy chairman, and George
Ashworth, head of asset finance at Aldermore, as vice-chairman. All
three appointments will come into force on 21 June. The move by the
association follows the arrival of Chris Sutton, the head of Black
Horse Consumer and Motor Finance, as chairman of the FLA. He
replaces David Betteley, director of financial services at Jaguar
Land Rover, who is standing down as FLA chairman after three years.
Commenting on his appointment, Sutton said: “I look forward to
working with the FLA team to make sure our voice is heard by the
next government and by our regulators, so that our members have the
best possible business environment in which to serve their



The former head of ING Lease Group,
Alain Vervaet, has joined automotive software company Bynx Limited
as a non executive director. Vervaet will help Bynx, which
specialises in providing software for the contract hire, fleet
management and rental-originated market, as it seeks to make
inroads into the pan European market.

Vervaet was a popular head of ING
Lease Group, and during a leasing career spanning three decades he
also served as chairman of the Belgian Leasing Association and the
European Leasing Federation.


Close Asset Finance

Mary McNamara has taken over as the
new head of Close Asset Finance. She replaces Mike Barley who
continues to work for two days a week at the Close Brothers-owned
leasing company. Most recently McNamara was the interim Group COO
for Skandia, part of the Old Mutual Group, and prior to that she
spent 17 years at General Electric, during which time she ran at
different times both its European fleet and equipment finance



Peter Dowden-Yates has left the
UK-based arm of asset management company equigroup Limited. The
move follows the arrival at equigroup in a sales capacity of Steve
Robinson, a former consultant at The Alta Group. Dowden-Yates was
responsible for the “middle and back office operations of
equigroup’s European operation including management of head-funding
and asset management relationships throughout the UK, Ireland,
Spain and the Nordics”. Prior to that, he held senior roles at in
asset finance at Lloyds TSB and Lombard.


Hitachi Capital

Dilek Mackenzie has stepped down from
her job as Hitachi Capital’s head of syndications to launch her own
vendor and captive business. The move follows a period of change at
the Japanese-owned lender, including the resignation of the head of
its business finance arm, Robert Munn, and the arrival of former GE
vendor finance specialist Marie Dunkley. Mackenzie, who worked in
CIT’s syndications prior to joining Hitachi, has launched her own
company, Deem Solutions, focusing on the funding of renewable
energy assets and providing finance to vendors and captives,



LeasePlan France has appointed Dirk
Pissens as its new president. Pissens will replace Bart Beckers –
who has held the post as head of the leasing company for the past
five years – on 1 January, 2011. Pissens has been commercial
director at the French arm of the vehicle lessor since 2006. Before
joining LeasePlan, he worked at Mitsubishi France, Volvo
Automobiles France and Volvo Automobiles Belgique.

Separately, LeasePlan UK has appointed
Matt Cranny as operation and service director. Cranny replaces
Graham Rixon, who is stepping down to pursue other interests
outside the industry. Within LeasePlan UK, Cranny previously held
the role of service improvement director. In his new role, he will
focus on service improvement with the day-to-day operational side
of the business, working closely with the lessor’s commercial
director Matt Dyer.



Contract hire and rental specialist
Fraikin Ltd has appointed Peter Backhouse as its new CEO. Backhouse
replaces Laurent Bonnaure, executive vice-president international
at Fraikin Group, who took on the role of interim MD of Fraikin Ltd
in October 2009. This followed a nine-year period in which John
Ball led the CV specialist. Backhouse’s experience includes 11
years in senior positions with truck lessor Ryder.



Germany’s IT lessor Grenkeleasing has
elected Florian Schulte and Thilo Wörn as new members of its
supervisory board, and confirmed Dieter Münch and Erwin Staudt
until 2014.


Banca Agrileasing

Italian leasing company Banca
Agrileasing has appointed Serafino Bassanetti as its new chairman.
He replaces Franco Ferrarini, who was at the helm of the
Rome-headquartered lessor from 1995.



Garry Thompson, who, until recently,
was a senior member of the sales team at the UK arm of Key
Equipment Finance, has joined Siemens Financial Services (SFS) as a
business development manager. Thompson’s new job will be hunting
new vendors and working with the Siemens captive business. Paul
Barwell has also joined SFS from Net Apps to focus on developing a
channel of the captive business. Both Thompson and Barwell are
reporting to Simon Corbett, who joined SFS 18 months ago to
redevelop the company.


GE Capital

GE Capital has appointed Jon Hughes as
regional director of business development for London and the South
East. Hughes will be responsible for developing new business in the
region, in both ABL and leasing product lines. Sales will be sought
both directly and through intermediaries. He will report to John
Nelson, Director of Commercial Finance at GE Capital. Hughes has
been a new business manager with GE Capital since 2003 and was
previously at NMB-Heller. During this time he has worked across the
South East and was based in the US for two years.