New head of risk joins Shire Leasing

Workman malcolm

UK’s Shire Leasing has appointed Malcolm Workman to its executive board as the head of risk. He takes up full responsibility for this role from March 1 2015.

Workman has more than 17 years’ experience in the asset finance industry gained in risk management, collections, operations and sales. He joins Shire Leasing from Aldermore Bank where he was the risk director and earlier with Siemens Financial Services (previously Schroder Leasing) where he held various roles such as head of risk UK and head of operations UK/Nordic.

He said: “I’m excited to have joined the excellent management team here at Shire during a time of programmed growth. Whilst it will be very different from the bank environment I have come from, the opportunities for a fleet of foot, privately owned funder are immense. The development plans for the business are very exciting as we explore the opportunities the British Business Bank investment have afforded us which assist in our Own Book growth strategy.

“My role is to strengthen the span of management control alongside my executive board colleagues through the enhancement of its risk processes, service, policies and the development of its people. All of which are essential for us to continue to attract new business and investment into our business.”

Mark Picken, MD at Shire Leasing added: “I am sure other bank owned asset finance companies would welcome Malcolm into their senior management team and we are delighted and proud he has chosen to join Shire Leasing. His background and experience will add considerable expertise to our Risk team which is expanding as our Own Book continues to grow as planned. He will be a valuable member of our executive board and will bring gravitas and confidence to our external investors”.