Appointments

The Alta Group reveals new head for its Digital Business Advisory Service – and welcomes back captive/vendor specialist

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Firstly, John D. Rizzi has joined the Alta Group as managing director and practice leader for its new Digital Business Advisory Practice.  This practice provides digital business transformation services to the equipment leasing and asset finance industry.

Alta CEO John C. Deane (pictured above) said: “The practice, formerly known as Systems Integration Advisory Services, has been renamed and enhanced to reflect an increased emphasis on delivering tactical services such as business process assessments, systems re-design and best practices.

“Our clients are increasingly asking for tactical solutions to design and implement digitally enhanced operational capabilities and we are delighted that John is joining Alta. His extensive experience with industry leading lessors is a great fit for the objectives of this important Alta practice, which provides tactical services as well as strategic advice on how technology, operations and marketing processes must converge to become a digital business.”

Rizzi’s 30+ years’ industry experience includes executive positions at De Lage Landen, GE Capital and Heller Financial. Having led sales, operations and risk organizations, he brings a unique perspective to increasing customer service levels and maximizing operational effectiveness.

Rizzi said: “I am very excited to lead the Alta Group’s Digital Business Advisory Practice. The business transformational opportunities available to our industry have never been greater, with new entrants introducing innovative applications and platforms coupled with significant product enhancements offered by traditional providers.”

Earlier this month the Alta Group welcomed back Jonathan L. Fales (see below), a global equipment leasing and finance management expert who most recently served as vice president of strategic business development for Key Equipment Finance (KEF).

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John Deane said: “We are delighted to have Jon rejoin Alta. With our significant growth over the last several years, Jon will focus on clients in our captive/vendor consulting practice as well as coordinating our international client relationships, especially in Asia Pacific and Latin America.”

While at KEF, Fales developed and implemented a new way for KEF to evaluate and enter new vendor program verticals in a way that aligned volume opportunities with KEF’s credit appetite and process capabilities.

“KEF successfully entered the industrial equipment vendor program vertical in 2015, and hired an excellent, experienced team to build it, as a result of this new process,” Fales said.

Before working at KEF, Fales provided consulting services for 15 years as part of The Alta Group, helping equipment finance companies with vendor and captive programs, market entry, competitive benchmarking and international leasing and finance development.

He is also known for his knowledge of the China leasing market; in fact, Fales will speak at, and chair, the China Leasing Summit in Beijing June 14-17 for the ninth consecutive year.

Earlier in his career he worked for IBM and IBM Global Financing.