MotoNovo Finance has appointed Chris Adams to the newly created position of director of pricing and portfolio performance and will join the business’ senior leadership team.
Chris joins MotoNovo from Lloyds Banking Group, where he worked for over 20 years, most recently as head of pricing and performance for their Black Horse and Lex Autolease businesses, which encompassed motor finance, leasing, fleet finance and direct to consumer auto lending.
Prior to this, he was finance director at Black Horse from 2014 to 2019 and, until then, held a number of management roles across the wider banking group.
MotoNovo said Chris’ broad automotive finance experience across pricing, commercial, and residual value management, aligned with his familiarity with working alongside manufacturers, made him the ideal candidate for the new role. His expertise will play a significant role in delivering MotoNovo’s strategy.
Commenting on the appointment, Richard Jones, MotoNovo managing director, said: “I’m delighted to be welcoming Chris to join our business. He will be a key member of my team as we deliver on our strategy to develop MotoNovo into a broad-based motor finance business that puts outstanding customer service at the heart of everything we do.”