New chair for Canadian Finance & Leasing Association

Richard McAuliffe, senior vice president and chief operating officer at Key Equipment Finance, has been named chairman of the board of directors of the Canadian Finance & Leasing Association (CLFA).

David Powell, CFLA president and CEO, said: “Everyone welcomes Richard’s appointment. He is a respected and effective industry leader. His energy and thoughtful advice will continue to make a major contribution to the association and advance the interests of the industry.”

Before joining Key Equipment Finance in 2003, McAuliffe was associate vice-president and general manager of TD Bank Asset Finance’s leasing business, where he had worked since 1996. Prior to that, he was vice-president risk manager and operations at GE Capital Canada.

An active CFLA member for over 20 years, McAuliffe has served and chaired various committees and is a member of the executive committee.

In addition to McAuliffe’s appointment, the board also appointed the following individuals to serve on the executive committee: Tom Pundyk (National Leasing), immediate past chairman Peter Horan (DLL Financial Services Canada), vice-chairman Patrick Lefebvre (VW Credit Canada,), secretary-treasurer Stefan Karrenbauer (Mercedes-Benz Financial Services Canada Corporation/Daimler Truck Financial) Douglas McKenzie (BAL Global Finance Canada Corporation) Paul Monjanel (Ford Credit Canada).