The Finance & Leasing Association (FLA) has appointed Shanika Amarasekara MBE to lead the association, succeeding director general Stephen Haddrill who retires at the end of July. She will accept the role at the beginning of August.
The appointment comes at a critical time for the FLA as its members, including motor finance houses, negotiate their way through the motor finance commission case currently at the Supreme Cout.
The FLA said she brings “deep experience” in supporting economic development and innovation across the financial services landscape.
She served most recently as Chief Impact Officer at the British Business Bank, where she oversaw policy, strategy, economics, sustainability and public affairs.
John Phillipou, chair of the FLA, said: “The Board is immensely pleased to have appointed Shanika to this key role.
“Stephen Haddrill, the outgoing DG, has done a great job modernising the FLA, and Shanika’s breadth of experience, range of contacts and astute industry insights will help shape the next phase of the Association’s development.”
Amarasekara said: “It’s an honour to be joining the FLA at such a pivotal time.
“The finance and leasing sectors have a powerful role to play in driving sustainable growth, supporting innovation, and delivering fair outcomes for customers.”