Investec has appointed Andy Hart as head of its Asset Finance Group (AFG), effective from 11th April 2016.
The AFG comprises of a number of distinct business units including sales aid broker, block discounting, materials handling/supplier financing, consumer point of sale and more structured corporate lending.
Prior to his appointment, Hart held a number of senior positions within the asset finance and consumer finance markets. Previous roles include: CEO of Shop Direct Finance, one of the UK’s largest non-bank lenders and the owner of Littlewoods and Very; and Managing Director Lombard North Central plc, the UK’s largest Asset Finance Company.
Hart has over 20 years’ experience in the UK asset and consumer finance markets and a proven track record of implementing market leading technologies.
Hart commented: “I am delighted to join the Asset Finance Group. Over the last 10 years it has grown into a successful and sustainable platform for Investec, with the core business providing finance to more than 100,000 SMEs and corporates.
"I am excited to join such a great team, look forward to helping drive growth, developing new distinctive product offerings and ensuring that we continue to deliver our market leading customer service.”