Hanson’s responsibilities will encompass the oversight of critical financial strategies. Credit: Evolution Funding.

UK used auto finance platform Evolution Funding has strengthened its executive team with the appointment of Mat Hanson as the new group chief financial officer (CFO).

The move forms part of Evolution Funding’s strategy to improve its capacity at the group level and aid its growth targets.

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Hanson’s expertise in financial leadership will be instrumental in guiding the company’s transformation efforts and supporting its growth ambitions, particularly in areas such as mergers and acquisitions (M&A) and potential international expansion.

In the new role, his responsibilities will encompass the oversight of critical financial strategies and the management of important stakeholder and shareholder relationships.

This includes liaising with investors such as Carlyle and LDC, in addition to banking and debt funding partners.

Hanson said: “I am delighted to join Evolution Funding. The company’s culture, strong values and impressive track record were key factors in my decision. With Carlyle’s backing and a solid foundation in place, I am confident in the company’s future prospects and look forward to contributing to its continued success.”

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Bringing more than 17 years of financial experience to the role, Hanson has particular expertise  with technology-driven and private equity-backed companies.

In the previous roles, Hanson led six international acquisitions and managed a substantial private equity sale at Cawood Scientific.

Evolution Funding CEO Lee Streets said: “Mat brings a wealth of experience in leading financial strategies that drive both growth and operational efficiency. His expertise in managing complex acquisitions and his experience with private equity make him an ideal fit for our next phase of growth.”