The Finance & Leasing Association (FLA), a trade body for the asset, consumer and motor finance sectors in the UK, has announced the appointment of NatWest‘s Paul Edwards to its board.
Edwards brings over a decade of experience from his tenure as managing director of Lombard and Special Businesses at UK-based NatWest to the FLA’s leadership team.
FLA director general Stephen Haddrill said: “Paul brings to the table an extensive background in business funding, with a focus on growth and sustainability. His insights will be invaluable as the FLA continues to challenge the government on practical changes to drive productivity.”
During his 12-year stint at NatWest, Edwards has held several significant roles. Before taking on the role of Lombard and Specialist Businesses, he was responsible for leading the commercial mid-market business in the South West and Wales.
Edwards said: “I’m very much looking forward to joining the FLA board. Sharing members’ views with stakeholders is critical to support the growth and success of the industry and I am delighted to play a role in this discussion.”
In August 2024, the FLA disclosed new lending figures for H1 2024, which saw its members provide £76.7bn across the asset finance, consumer finance, and motor finance markets.
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By GlobalDataThis represented a 1% rise compared to the first half of 2023, indicating a steady growth in the sector.
At that time, Haddrill said: “FLA members have continued to support households and businesses across the UK during a period of significant economic challenges which has seen huge pressure on household real incomes and businesses facing uncertainty about demand and rising costs.”