New chairman appointed at Oodle Car Finance

New chairman appointed at Oodle Car Finance

OODLE Car Finance has recently appointed consumer finance guru Roger Lovering as its new chairman.

Lovering has more than 25 years’ experience of managing consumer finance as a director of HSBC, Santander and HFC, with a proven track record of growing and driving efficient and profitable retail financial services businesses – most demonstrably in his role setting up Santander Cards from scratch.

Lovering has built an impressive portfolio of board roles, all of which involve growing financial service businesses.

He is presently a non-executive director of Shawbrook Bank, one of the early ‘challenger’ banks, and also a non-executive director at Amigo Loans, the market leader in guaranteed loans to consumers.

Oodle is focused on using technology to improve the used car market for both buyers and dealers, by providing a leading technology platform and transparent financing products for a range of borrowers.

Lovering said: ‘I’m really excited to join Oodle Car Finance. They have a great team with a strong entrepreneurial approach. I am looking forward to working with them to create a genuine new type of finance company in the automotive sector.’

Jonny Clayton, CEO of Oodle Car Finance, said: ‘Roger brings incredible experience and insight into our team.  His lessons and industry stories constitute an invaluable resource, as we continue to grow and meet the challenge we set ourselves of being a finance company, embracing technology to drive fundamental improvements to customers’ experiences.’

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