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|MotoNovo Finance Announces New Leadership Structure|
|Tuesday, 10 May 2016|
Following the recent announcement that Cardiff-based MotoNovo Finance will more than double its headcount to over 1000 team members and move into new finance markets, the business has announced a new leadership structure led by Mark Standish who has been appointed Group CEO.
The enlarged MotoNovo Finance will build on its industry leading performance in motor finance to address new market and channel opportunities in the finance sector.
The fast growing motor business, which will remain the core part of the business, will now be led by Karl Werner as Divisional CEO of Motor, stepping up from his previous role as Head of Sales & Marketing, with Chris Rowthorn promoted to Divisional Chief Operating Officer. Within his new role, Karl will lead a well-established team of Divisional Managers and have access to the new Group structure of support resources.
Joining Standish on the Group Board are David James as Group CFO, Dave Briggs as Group COO, Mark Rees Price as Group Risk Officer and David Burton as Group Head of Marketing. It is a team with a wide span of financial services expertise. Commenting on the new structure Standish observes;
“Our success in growing MotoNovo Finance’s sales and profit well ahead of the overall market has been achieved through a clear vision and a well-considered strategy. Planning and executing the next stage of our expansion requires a similar approach. With this in mind, creating a strong and focused leadership team is the natural foundation. We aim to build upon our unique culture as we explore new markets and channels and with the team we have I’m very confident that our track record of success will once again be replicated.”
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