The Finance & Leasing Association chairman and board have named Stephen Haddrill as director general, who will take up the role in early December.
Haddrill boasts an extensive Whitehall career, and also held numerous senior industry positions, including chief executive officer of the Financial Reporting Council and director general of the Association of British Insurers.
Richard Jones, chairman of the FLA and managing director of motor finance & leasing at Lloyds Banking Group, said: “Stephen has worked at the very highest level across a number of different industries. His breadth of experience is exceptional, and I look forward to working with him as he leads the FLA on its next chapter, supporting its members by progressing and championing the long-term prosperity of our markets and the customers that we serve.”
Haddrill added: “I am delighted to be joining the FLA and to have the chance to play a leading role in helping a key sector to underpin business investment and meet the expectations of retail customers in a fast moving economic and technological environment.”
Fiona Hoyle, Head of Consumer and Mortgage Finance at the FLA, will continue as Interim Director General until Stephen takes up his new post on 1 December.
Haddrill has replaced Stephen Sklaroff, who left the FLA after 12 years in the post. Commenting on his departure, Sklaroff said: “It has been a privilege and a pleasure to work with the FLA’s members over the past twelve years as they have demonstrated their vital role in the UK economy, and commitment to high standards of customer service, during a time of huge change in the political, economic and regulatory landscape.
“I look forward to continuing to support them in the coming months, and in due course to ensuring a smooth hand-over to my eventual successor.”