New CEO Takes the Wheel at Close Brothers Amid Car Finance Industry Uncertainty
2025-01-07
MSN
Close Brothers, a leading motor finance seller, has appointed Mike Morgan, a seasoned senior executive, as its new chief executive. This significant leadership change comes as the car finance industry faces a looming crisis, with a potential compensation ruling on the horizon. As the industry navigates these challenging times, Morgan's expertise is expected to steer the company towards a more stable future. With the car finance market undergoing significant changes, Close Brothers is poised to adapt and evolve under Morgan's guidance, ensuring a smoother ride for its customers. Key industry trends, such as digital transformation and regulatory compliance, will likely be top priorities for the new CEO.
