The Finance & Leasing Association’s Chairman and Board have today announced that Stephen Haddrill has been appointed Director General of the FLA and will take up his role in early December.

Stephen has had an extensive Whitehall career, and also held numerous senior industry positions, including Chief Executive Officer of the Financial Reporting Council and Director General of the Association of British Insurers.

Commenting on the appointment, Richard Jones, Chairman of the FLA and Managing Director of Motor Finance & Leasing at Lloyds Banking Group, said:

“Stephen has worked at the very highest level across a number of different industries. His breadth of experience is exceptional, and I look forward to working with him as he leads the FLA on its next chapter, supporting its members by progressing and championing the long-term prosperity of our markets and the customers that we serve.”

 Stephen Haddrill said:

 “I am delighted to be joining the FLA and to have the chance to play a leading role in helping a key sector to underpin business investment and meet the expectations of retail customers in a fast moving economic and technological environment.”

Fiona Hoyle, Head of Consumer and Mortgage Finance at the FLA, will continue as Interim Director General until Stephen takes up his new post on 1 December.

Notes to editors

1. Stephen Haddrill was CEO of the Financial Reporting Council 2009-2019. Prior to this he was Director General of the ABI 2005-2009, and Chairman of the Institute of Employment Studies 2007-2011. He also held various senior positions at the Department of Trade and Industry between 1994-2005, including Director, Competitiveness Unit, Director, Employee Relations and Consumer Affairs
2. The Finance & Leasing Association is the leading trade body for the asset, consumer and motor finance sectors in the UK.
3. In 2018, members of the Finance & Leasing Association (FLA) provided £137 billion of new finance to UK businesses and households, £45.8 billion of which helped consumers and businesses buy new and used cars, including over 91% of private new car registrations.
4. For media enquiries, please contact the FLA press office on 020 7420 9656.