Mary McNamara, a well known figure in
consumer, fleet and equipment finance, 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.
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Most recently McNamara was the interim Group
COO for Skandia, part of the Old Mutual Group, and prior to
that spent 17 years at General Electric, during which time she ran
at different times both its European fleet and equipment finance
businesses.
Close Asset Finance is in expansion mode and recently absorbed its
factoring and leasing arms into one business, although they are
still run as separate entities.
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