Metro Bank appoints new asset finance director, as Nathan Mollett leaves for United Trust Bank

Metro Bank has announced that Nova Everidge (pictured above) is set to be appointed as the new director of asset finance, replacing Nathan Mollett. Previously the head of operations and sales support for the Bank’s asset finance team, Everidge joined the company in 2016 reporting directly to Mollett. Having been part of the asset finance division for more than four years already, Everidge is set to continue to grow the function in her new role. Everidge began her career at GE Capital European Equipment Finance, from 1993-2000, as the new business manager Scottish & Broker where she was primarily responsible for proposal management, sales support and back office processing.

Metro Bank appoints new asset finance director, as Nathan Mollett leaves for United Trust Bank

Oct 20, 2020

Metro Bank has announced that Nova Everidge (pictured above) is set to be appointed as the new director of asset finance, replacing Nathan Mollett. Previously the head of operations and sales support for the Bank’s asset finance team, Everidge joined the company in 2016 reporting directly to Mollett. Having been part of the asset finance division for more than four years already, Everidge is set to continue to grow the function in her new role. Everidge began her career at GE Capital European Equipment Finance, from 1993-2000, as the new business manager Scottish & Broker where she was primarily responsible for proposal management, sales support and back office processing.

The truly international lessor - a profile of John Rees of Societe Generale Equipment Finance

On 30 September John Rees is due to complete his 26-year career with Societe Generale Equipment Finance (SGEF). It marks the culmination of what Rees himself describes as a “fantastic” experience and which many in the industry will consider to be a textbook career path for the leasing industry. On the eve of his “retirement” Asset Finance International had the pleasure of interviewing him. “I’m an Essex boy!” he said, “I come from Southend-on-Sea. And what do they say? ‘You can take the boy out of Southend but you can’t take Southend out of the boy!’ My junior education was at Southend High School for Boys which was, and still is, a grammar school. I went to university in Bristol and had three very happy years there. I came out with what we used to call a ‘Sportsman’s Degree’, so I had my colours at Soccer and got a 2-2 in Geography.

The truly international lessor - a profile of John Rees of Societe Generale Equipment Finance

Sep 30, 2020

On 30 September John Rees is due to complete his 26-year career with Societe Generale Equipment Finance (SGEF). It marks the culmination of what Rees himself describes as a “fantastic” experience and which many in the industry will consider to be a textbook career path for the leasing industry. On the eve of his “retirement” Asset Finance International had the pleasure of interviewing him. “I’m an Essex boy!” he said, “I come from Southend-on-Sea. And what do they say? ‘You can take the boy out of Southend but you can’t take Southend out of the boy!’ My junior education was at Southend High School for Boys which was, and still is, a grammar school. I went to university in Bristol and had three very happy years there. I came out with what we used to call a ‘Sportsman’s Degree’, so I had my colours at Soccer and got a 2-2 in Geography.

Hitachi Capital mourns loss of Gavin Wraith-Carter

Hitachi Capital has announced the death of well-known industry figure Gavin Wraith-Carter, the managing director of Hitachi Capital Business Finance. In a statement the company said that the popular business leader passed away from a fatal heart attack on Thursday, September 24.

Hitachi Capital mourns loss of Gavin Wraith-Carter

Sep 29, 2020

Hitachi Capital has announced the death of well-known industry figure Gavin Wraith-Carter, the managing director of Hitachi Capital Business Finance. In a statement the company said that the popular business leader passed away from a fatal heart attack on Thursday, September 24.

Thought Leaders

How asset finance companies are adapting to changing customer needs and behaviour during the pandemic

Sep 10, 2020

"The pandemic has posed many challenges to equipment and auto finance providers, as customer needs have drastically changed." The coronavirus pandemic has continued to pose challenges to operators in the global auto and equipment finance industries. As European GDP is predicted to drop by 4.5% in 2020, and in the US by 4.6% - while prices are dropping by around 4.4% in countries such as Sweden - other countries are experiencing differing levels of recovery and future sales forecasts. Industry leaders tend to agree that the future is likely to look very different.

Appointments

Fleet veteran Thibault Alleyn set to spearhead new global mobility solutions firm

Sep 28, 2020

Independent fleet management company Fleet Logistics Group has announced the launch of a global mobility solutions unit to aid the transition to alternative transport. As many companies are rethinking mobility options such as fuel types, the role of electric vehicles, car-sharing and e-bikes, the new unit will be focused on engaging with stakeholders around the trends shaping the future of the mobility sector. Steffen Schick, chief executive officer of Fleet Logistics Group, explained: “Cost effectiveness, sustainability and transparency are approached from six key angles: strategy, technology, policy, change, procurement and process.”

Leasing Professionals

Equipment and auto lenders coping well with home working during lockdown

Sep 07, 2020

Some 64% of financial services businesses are conducting, or plan to conduct, conversations with landlords around reviewing office space requirements, according to a financial services survey from the Confederation of British Industry and PricewaterhouseCoopers. This is a theme that resonates greatly with many financial services firms both here in the UK and abroad as the various lockdowns have forced organisations to rethink even basic processes. However, while companies may be planning to have more staff work from home in future, around £500 billion could be cut from the UK economy over the next four years if workers fail to return to offices, says Douglas McWilliams, deputy chairman of the Centre for Economics and Business Research.