MANN Island Finance’s long-term head of sales John Hughes has been appointed as managing director of the business.
He replaces Jo Jenner, who has moved to become investment director at parent company Investec.
Having been part of the team that sold the business to Investec in 2014, Hughes said he was delighted to be taking the lead in building on the significant investment and work undertaken under Investec’s ownership.
‘The last three years have seen a transformation at Mann Island,’ he said. ‘Our dealer-driven ‘‘can-do’’ culture, which has long been a key part of our approach, is now seeing the results of significant investment and a smart step to combine our brokerage heritage with our own lending capabilities. It is a move that will enable us to offer a best-in-class approach of product, people and processes.
‘As we always hoped, the entrepreneurial spirit present in both Mann Island and Investec, along with the resources and investment that have been made available to us, have significantly accelerated our growth trajectory.
‘It is a great time to be given the opportunity to lead the business, with a significant pipeline of technological innovation planned in the weeks and months ahead. We are very well positioned to provide the type of smarter and deeper level of support that dealers are looking for to help their businesses.’
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