MASTERLEASE has announced Peter Tatlock as its new UK managing director, following the promotion of Garry Hobson to regional director for northern Europe.

Tatlock has worked for Masterlease’s parent company General Motors Acceptance Corporation (GMAC) for 26 years having had leadership roles in Switzerland, Norway, Sweden and the UK. Most recently, he spent four years as managing director of GMAC Australia.

He said: ‘My first priorities are to listen, learn and question and to look at all aspects of the business. I will be involving customers in this process and I am keen for that open relationship to continue.’