Leaseurope welcomes George Ashworth to board of directors
George Ashworth has been active in the leasing and asset finance industry for many years. Prior to his position at Aldemore, he held several senior roles, including at the Fortis Lease Group and at Lombard Business Finance (part of the Royal Bank of Scotland).
'We are delighted that George has accepted to join our Board of Directors,' said Leaseurope chairman, Jukka Salonen. 'Knowing George well, I am confident that he will be a strong asset for the Federation in view of the many challenges ahead arising from the current regulatory, financial and economic environment. With the lease accounting, prudential supervision and shadow banking ongoing debates, to name a few, the Federation will need to keep engaging with European and international regulatory bodies in the months and years ahead. A strong and representative Board increases Leaseurope’s credibility and can help the Federation
in demonstrating the many advantages of our industry, be it in terms of capital formation for large and small enterprises, as a provider of mobility solutions, etc', he added.
Upon his appointment, Mr Ashworth said: 'I am both proud and delighted to be joining the Board of Leaseurope at such an interesting and challenging time. The whole question of lease accounting is still in the mix, the liquidity crisis is far from over and banks are continuing to wrestle with the questions posed by and associated with Basle 3. The history of equipment leasing is one of strong and persistent innovation. I feel certain that leasing as a product will emerge from these testing times even stronger, and I look forward to playing my part in ensuring that it does.'