V12 Vehicle Finance appoints new managing director

V12 Vehicle Finance has announced the appointment of David Nield as its new managing director.

In his new role, Nield takes over leadership of the vehicle finance business, working closely with Secure Trust Bank’s board as the company accelerates its growth ambitions.

He brings more than 25 years of experience in the finance industry to his new role, having held senior positions at Barclays, Iveco Capital Europe and GE Capital Motor Finance.

Nield was formerly Secure Trust Bank’s chief operating officer, a role he held for eight years, and has been part of Secure Trust Bank and its subsidiaries (the Group) since July 2009.

Nield succeeds David Mercer who was V12 Vehicle Finance’s MD for three years.

Nield said: “I am hugely excited to take on this new role. We have one of the broadest propositions in the market, having successfully launched our V12 Used Vehicle Stocking business in 2019 and the recent launch of our new Prime proposition which builds on our well established Near Prime business.”

The vehicle finance business currently operates under two brands, Moneyway for its Near Prime proposition, and V12 Vehicle Finance for its Prime and used vehicle stocking business.

Sixt Supervisory Board appoints new chief financial officer

The Sixt Supervisory Board has appointed Professor Dr Kai Andrejewski (pictured) as Sixt SE’s new chief financial officer as of June 1, 2021.

Andrejewski will be responsible for the department’s global financial performance, corporate finance, tax, legal and governance and controls.

Andrejewski has 25 years of international experience, said Sixt, including 10 years as a regional board member and managing partner at KPMG.

The certified public accountant who holds a doctorate degree and tax consultant began his professional career in 1993 and held positions in Chicago, Paris, Berlin, Hamburg, Düsseldorf and Munich.

As managing partner, he looked after DAX and MDAX companies. He has also headed the KPMG Think Tank Audit Committee Institute since 2016.

He was appointed Professor of Accounting and Auditing at the Private University of Applied Sciences in Göttingen in 2011.

The company has also appointed Sebastian Birkel, Sixt manager and former CEO for Sixt USA, a divisional board member for the new global financial performance division, in which the areas of finance, controlling and vehicle purchasing are being bundled.

Sixt said the finance department is being expanded to include the area of vehicle purchasing and the new structure underscores the holistic orientation of Sixt SE’s finance division with the objective of dovetailing cross-divisional information requirements.

Andrejewski succeeds Jörg Bremer, who is leaving Sixt on June 1, 2021.

Duncan Tatton-Brown to become non-executive director of Cazoo

Former Ocado chief financial officer (CFO), Duncan Tatton-Brown will be joining the Cazoo board as a non-executive director, following completion of its business combination with AJAX I.

Tatton-Brown will become senior independent director and audit committee chair at Cazoo. He currently serves on the board of Trainline and was formerly a non-executive Director at ZPG and Rentokil Initial.

Most recently, Tatton-Brown was CFO of Ocado from 2012 until 2020 where he remains a senior advisor to the board.

Prior to joining Ocado, he has held the CFO roles at Fitness First, Kingfisher, B&Q and Virgin Entertainment.

Alex Chesterman OBE, founder & CEO of Cazoo, said: “I am delighted that Duncan will be joining the Cazoo board once we become listed on the NYSE.

“His experience in helping to build large consumerfacing businesses over many years will be invaluable as we continue to transform the car buying experience for consumers across the UK and Europe.”

Nextbase announces new CFO

Nextbase has announced Chris Chessell (pictured) as its new chief financial officer.

As CFO, Chessell will report to executive chairman Andy Pearson with responsibility for planning, implementation and management of the business’s financial strategy. 

Having previously served for several years as a UK board member of The Conair Group, Chessell brings a wealth of experience in the consumer technology and retail industries, said Nextbase.

Chessell is also a non-executive director at Fleet Business Improvement District (BID).

Matt Meehan, partner and head of Europe at Sandton Capital, said: “We believe that Chris’s International and consumer retail experience brings real synergy to Nextbase.

“We have built a fantastic leadership team at Nextbase and Chris’s addition is no exception. I am looking forward to seeing her hit the ground running and I am sure our growth plans are in great hands.”

SWARCO strengthens business development team

SWARCO eVolt has made a series of senior appointments to lead the company’s drive in supporting local authorities, commercial fleets and the public transport bodies looking for electric vehicle (EV) charging solutions.

Dev Chana, a former strategic accounts manager, has been promoted head of sales England and Wales. Chana has spent 15 years in the energy sector and prior to joining the SWARCO business, was strategic partnership manager at software solutions provider Origami Energy, having previously worked for SSE and Mitie.

Jamie Green has also been promoted head of sales Scotland. A civil engineer by profession, Green’s career started with JMP Consultants, working in the transportation sector, before joining Transport Scotland as a network development manager. He joined SWARCO eVolt in early 2020 as business development manager.

Justin Meyer, managing director of SWARCO eVolt, said: “With Dev and Jamie, along with the wider team, we have experienced professionals who can help our customers by making business simple and transparent, and guiding them to the right solutions for them to realise their future ambitions.”