Andrew Lawson joins Oodle Car Finance as chief product officer

Oodle Car Finance has appointed Andrew Lawson as chief product officer. He joins from Zopa, the world's first peer-to-peer lender, where he spent five years as chief product officer responsible for business growth during a period of expansion that saw the brand become the UK’s largest online open market lender. Lawson (pictured) has also held several senior positions at Oliver Wyman, Capital One Bank and Experian.

Andrew Lawson joins Oodle Car Finance as chief product officer

Oct 23, 2019

Oodle Car Finance has appointed Andrew Lawson as chief product officer. He joins from Zopa, the world's first peer-to-peer lender, where he spent five years as chief product officer responsible for business growth during a period of expansion that saw the brand become the UK’s largest online open market lender. Lawson (pictured) has also held several senior positions at Oliver Wyman, Capital One Bank and Experian.

Key leadership changes at Invigors

Invigors, the European asset finance consulting and advisory firm, has changed its leadership and ownership structure. The new Invigors leadership team includes Paul Johnson-Ferguson and Patrick Gouin, based in Paris, Ian Robertson, based in Zurich, and Kieran O’Brien, based in Dublin, who take over with immediate effect. Existing partners Chris Boobyer, Richard Guilbert, Mike Roberts, Richard Ryan and George Tonks will leave the management team, but remain within the business as senior advisors.

Key leadership changes at Invigors

Oct 21, 2019

Invigors, the European asset finance consulting and advisory firm, has changed its leadership and ownership structure. The new Invigors leadership team includes Paul Johnson-Ferguson and Patrick Gouin, based in Paris, Ian Robertson, based in Zurich, and Kieran O’Brien, based in Dublin, who take over with immediate effect. Existing partners Chris Boobyer, Richard Guilbert, Mike Roberts, Richard Ryan and George Tonks will leave the management team, but remain within the business as senior advisors.

What does the FCA’s latest review mean for the UK automotive finance industry?

The latest FCA consultation paper announcement marks the move from traditional motor finance commission models – which incentivise the dealer or broker to raise customer interest rates in order to get higher commissions – to an approach that provides more positive outcomes to car buyers. As seen earlier this year, the FCA wants to make wholesale changes to the way in which the motor finance commission model operates. The way in which commission has previously been calculated will undergo a significant change. Martin Hill, managing director of automotive fintech company DealTrak, looks at the longer-term implications for the automotive sector, and why those operating within the F&I space should buck the trend.

What does the FCA’s latest review mean for the UK automotive finance industry?

Oct 16, 2019

The latest FCA consultation paper announcement marks the move from traditional motor finance commission models – which incentivise the dealer or broker to raise customer interest rates in order to get higher commissions – to an approach that provides more positive outcomes to car buyers. As seen earlier this year, the FCA wants to make wholesale changes to the way in which the motor finance commission model operates. The way in which commission has previously been calculated will undergo a significant change. Martin Hill, managing director of automotive fintech company DealTrak, looks at the longer-term implications for the automotive sector, and why those operating within the F&I space should buck the trend.

Thought Leaders

Networking group promotes diversity in asset finance

Oct 14, 2019

The asset finance industry in the UK is currently facing a raft of challenges which includes the adoption of new technology, the need for new finance products and a radical refocus on customer experience. Furthermore, it is increasingly apparent that the future of the sector will also depend on creating a more inclusive working environment, made up of a mix of individuals from many different backgrounds. In response to this diversity challenge, Ylva Oertengren, chief operating officer at Simply, organised an event called ‘The Network’ in London which was attended by more than 30 senior female executives from a range of high-profile asset finance and alternative lending firms.

Appointments

Mike Aitchison joins senior team at CBC

Oct 09, 2019

CBC has appointed Mike Aitchison as senior consultant. He has more than 12 years’ experience in financial services recruitment and before joining the profession spend nearly a decade working for Bank of Scotland in a variety of roles spanning partnerships lending, motor finance, corporate banking and private banking.

Leasing Professionals

Less talking and more doing: Leaseurope Convention addresses the hard realities of delivering change

Oct 14, 2019

For all of the talk about digitalisation, servitisation, collaboration, subscription finance, circular economy, sharing assets, green leasing and other trends, how ready are European lessors to change their businesses in preparation for a new era of leasing? Proving the business case for change and then successfully delivering it was a key topic as this year’s Leaseurope Convention in Budapest, Hungary. Industry expert Julian Rose provides his thoughts on the key themes from the conference.