DSG Group founder and CEO Richard Hoggart. Credit: FLA.

The Finance & Leasing Association (FLA), a UK’s trade body for the asset, consumer, and motor finance sectors, has expanded its board team with the appointment of Richard Hoggart.

The founder and CEO of DSG Finance Group, Hoggart has been instrumental in the evolution of DSG Group since the 1990s, transforming it from a brokerage to a financial services provider with the launch of Unity Auto Finance.

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FLA Director General Stephen Haddrill said: “We are very pleased to have Richard join the board; he brings along a wealth of experience. His insights and perspectives will be invaluable, particularly across the motor sector and consumer lending.” 

Hoggart said: “I am very pleased to have been elected to the board of the FLA. It is an organisation I have held in esteem throughout my career and now, more than ever, it is working hard and effectively for the interests of its members. I look forward to adding my experience and perspective going forward.”

In September, FLA urged the UK Government to implement measures to support green finance and help achieve the country’s net zero goals.

Last year, FLA members provided £151bn of new finance to businesses, households and the public sector in the UK. 

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Of this amount, £38bn was provided in the form of asset finance to businesses, £63bn was provided by non-bank lenders, and £23bn went to SMEs to fund new equipment, plant and machinery, or purchased software.  

Approximately £113bn was provided in the form of consumer credit, which includes £52bn of motor finance.