New MD joins Close Brothers Asset Finance Germany to lead growing team

Joachim Otto has been appointed to lead the German arm of Close Brothers Asset Finance. Otto (pictured) joins from IKB Leasing and is a leasing specialist with more than 30 years’ experience in the industry. His background includes sales and sales management; business development and general management. Steve Gee, CEO of Close Brothers Asset Finance’s industrial equipment division, said: “We are delighted to welcome Joachim to the team. His considerable experience and knowledge of the German leasing market make him perfectly placed to lead our team and help them continue to grow.”

New MD joins Close Brothers Asset Finance Germany to lead growing team

Nov 09, 2018

Joachim Otto has been appointed to lead the German arm of Close Brothers Asset Finance. Otto (pictured) joins from IKB Leasing and is a leasing specialist with more than 30 years’ experience in the industry. His background includes sales and sales management; business development and general management. Steve Gee, CEO of Close Brothers Asset Finance’s industrial equipment division, said: “We are delighted to welcome Joachim to the team. His considerable experience and knowledge of the German leasing market make him perfectly placed to lead our team and help them continue to grow.”

Alta Group to host Latin American leasing conference

The Alta Group Latin American Region (LAR) is to host its 16th Latin American Leasing Conference from November 7 to 8 at the Intercontinental at Doral hotel in Miami. The event, which has the theme ‘2019: Apocalypses or Genesis’, will address industry developments, rising interest rates, geopolitical changes and their impact on the equipment finance sectors of Mexico, Central and South America and the Caribbean.

Alta Group to host Latin American leasing conference

Nov 01, 2018

The Alta Group Latin American Region (LAR) is to host its 16th Latin American Leasing Conference from November 7 to 8 at the Intercontinental at Doral hotel in Miami. The event, which has the theme ‘2019: Apocalypses or Genesis’, will address industry developments, rising interest rates, geopolitical changes and their impact on the equipment finance sectors of Mexico, Central and South America and the Caribbean.

ALD Automotive Brazil names new CEO

Leasing company ALD Automotive has appointed Pedro Reis as its new Brazilian CEO. Reis has worked for the business for 16 years and moves from his previous role of chief financial officer for ALD Brazil and Latin America, which he held since January 2018. He previously occupied the same position in Portugal, also with responsibility for Algeria and Morocco.

ALD Automotive Brazil names new CEO

Nov 01, 2018

Leasing company ALD Automotive has appointed Pedro Reis as its new Brazilian CEO. Reis has worked for the business for 16 years and moves from his previous role of chief financial officer for ALD Brazil and Latin America, which he held since January 2018. He previously occupied the same position in Portugal, also with responsibility for Algeria and Morocco.

Thought Leaders

Close Brothers Asset Finance set to grow with innovative technology

Oct 25, 2018

In the year to 31 July 2017 Close Brothers Asset Finance (CBAF) recorded a loan book of just over £2 billion. It was the year that Neil Davies moved from his existing position as head of the company’s leasing and rentals division and was appointed chief executive of CBAF. Davies told Asset Finance International: “In fairness I took over a very successful business that consisted of a wide variety of thriving niche asset lending teams. What I did bring immediately was a different leadership style, made some small changes to the management team and appointed some new heads of business – nearly all from within the business.”

Appointments

CIT names Alla Whitston as chief technology officer

Oct 30, 2018

Alla Whitston has joined CIT as its chief technology officer, reporting to Denise Menelly, executive vice-president and head of technology and operations. Whitston will lead the technology planning and development for enterprise functions and all lines of business, including its business point-of-sale platform and proprietary digital applications. She joins CIT from Bank of America where she was most recently the managing director and chief technology officer for enterprise functions. Previously, Whitston also led end-user technology services and wholesale banking technology infrastructure.

Members' Blogs

Why successful customer engagement needs to go beyond words

Mar 21, 2017

Currently the lion’s share of communications from auto financiers, in concert with their brand partners and franchised retailer networks, is delivered by conventional methods. Very often this communication is one way and doesn't promote interaction ‘in the moment’. For example, traditional posted mail and outbound telephone calls from retailers or contact centres are very much alive and kicking. Whilst these efforts are laudable, the old conventional methods are fast running out of road and they are not in sync with the habits of the 21st century consumer.