Helen Lumb, chief finance officer at Shire Leasing, has joined The Finance and Leasing Association (FLA) board.

Her expertise in the finance sector spans more than 30 years, including significant time working in the automotive leasing sector.

Stephen Haddrill, director general of the FLA, said: “I am very pleased indeed that Helen has joined the Board. Her expertise and sector perspectives will be much valued as the industry works together to meet the needs of customers facing uncertain economic conditions.

“I would also like to thank Bill Dost and Carol Roberts, both of whom recently stepped down from the Board having served terms of 9 and 7 years respectively. Their insights and counsel have been much appreciated.”

Lumb added: “I am looking forward to joining the FLA Board and making a contribution towards representing our sector’s interests, in particular the opportunities and challenges that our asset finance industry is currently facing.”

The FLA has called for “comprehensive” reform of the Consumer Credit Act.

Haddrill suggested wide-reaching change was long overdue, stating: “The Consumer Credit Act was written back in the 1970s, and subsequent updates have merely nibbled the edge of what needed to be changed.