Paul Walters, currently sales director at JCT600 Vehicle Leasing Solutions, is to take over as managing director at the start of next year.

JCT600 Vehicle Leasing Solutions’ current sales director Paul Walters (left) takes over as managing director in January 2017 from Andrew Mann

Walters replaces Andrew Mann, one of the founding members, who is retiring after 28 years in the business at the end of December.

With more than 26 years’ experience in the vehicle leasing industry, Walters joined JCT600 VLS as sales director in December 2014 after a successful career at GE Capital where he held a number of senior sales positions in both its UK and International divisions.

He commented: “Andrew’s retirement marks the end of an era. His passion, knowledge, commitment and expertise have been instrumental in the success of the company. There are undoubtedly challenging, but exciting times ahead. The imminent BiK changes, the rise of connected and autonomous vehicles, alternative powertrains, the petrol versus diesel debate, urban low emission zones or even vehicle restricted areas and, of course, the unknown impact of Brexit for good or ill, all add to a melting pot of change, the like of which has not been seen before.

“I believe the next few years will see huge transformations in our market place and it will be those companies that are agile enough to swiftly adapt to these new opportunities that will reap the benefits. JCT600 VLS is extremely well placed to do just that by being part of a successful dealership group, close to the manufacturers and the increasingly innovative technology they are introducing. In addition, being a family owned company, the decision process is fast and we can react swiftly to the quickening pace of change we all face.”