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Close Brothers welcomes former Barclays Business Rebecca McNeil as chief executive

Rebecca McNeil Close Brothers CEO 2018

Close Brothers Motor Finance has announced the appointment of a new chief executive Rebecca McNeil, who will also join the business's executive committee for Close Brothers’ banking division.

Replacing the now-retired former chief executive James Broadhead, McNeil (pictured) will spend her first months at Close Brothers Motor Finance visiting many of the firm’s regional offices as part of its annual Motor Finance roadshows.

Prior to her time at Barclays Business as chief operating officer, McNeil was managing director of lending for Barclays Corporate bank.

McNeil said: “It’s an amazing opportunity with a company that’s genuinely investing in its people, technology and customer service, and has the support and backing of Close Brothers, a bank that has a proud tradition of lending to customers throughout the economic cycle."

She joined Barclays from GE Capital where she worked for five years in both business development and asset management.

As chief executive McNeil will be leading the business at a time when its dealers are optimistic, but navigating economic uncertainty, changing market conditions, and the rising use of technology.

“I admire the unwavering focus on the dealer, and the fact that that ethos is evident in each and every member of the team,” said McNeil.

“My experience, coupled with my lifelong love of cars, will stand me in good stead as I hit the ground running. I can’t wait to contribute to the energy and passion that’s already tangible in the firm."

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