Stephen Haddrill has been appointed as the new director general of the Finance & Leasing Association (FLA).
He will take up his role in early December.
Haddrill has had a career in Whitehall and also held numerous senior industry positions, including CEO of the Financial Reporting Council and director general of the Association of British Insurers.
Richard Jones, chairman of the FLA and managing director of Motor Finance & Leasing at Lloyds Banking Group, said: “Stephen has worked at the very highest level across a number of different industries. His breadth of experience is exceptional, and I look forward to working with him as he leads the FLA on its next chapter, supporting its members by progressing and championing the long-term prosperity of our markets and the customers that we serve.”
Haddrill added: “I am delighted to be joining the FLA and to have the chance to play a leading role in helping a key sector to underpin business investment and meet the expectations of retail customers in a fast moving economic and technological environment.”
Fiona Hoyle, head of consumer and mortgage finance at the FLA, will continue as interim director general until Haddrill takes up his new post on 1 December.