The Finance and Leasing Association (FLA) has announced the appointment of Close Brothers Motor Finance chief executive Rebecca McNeil as its new chairperson.

McNeil, who will take on the role from November 30, has industry experience spanning senior roles in Barclays as managing director (MD) of the asset finance division, chief operating officer (COO) for Barclays Business and MD of product for all business and corporate lending.

In addition, she brings consumer finance experience from her time at GE Money and AMEX.

McNeil succeeds Richard Jones, who has held the position since 2017.

Richard Jones, chair of the FLA, said: “I have thoroughly enjoyed Chairing the FLA over the last 4 years, through the recent challenges we have faced into as an industry.

“I’m delighted to be handing over the reins to Rebecca, her knowledge of FLA markets and her insights on the challenges facing lenders position Rebecca well.

"I wish Rebecca every success in helping the FLA steer through its next chapter, including the challenges and opportunities of Net Zero.”

Stephen Haddrill, director general of the FLA, added: “On behalf of the Board and the FLA staff, I would like to thank Richard for his service during the last four years.

“He has provided strong leadership and insight to the Association throughout his tenure and particularly through the pandemic.

“We are all delighted Rebecca will be our chair and look forward to working with her.”