Investec Asset Finance appoints new head of portfolio risk

Investec Asset Finance Plc (IAF) has appointed Jane Mantell as head of portfolio risk with immediate effect. Mantell’s remit will include the IAF portfolio, as well as the portfolio from the newly acquired commercial and consumer motor finance brokerage, Mann Island Finance Limited. In addition to all aspects of business intelligence, she will also be responsible for establishing a model-based framework for decision-making, capital and provisioning.

In 2007, she joined consultancy firm Insight Plus, where her financial clients included Lloyds Banking Group, Kensington Mortgages, Barclays, Northern Rock, Close Brothers Asset Finance and Lombard. Before that, she spent nine years with Foxreed Consulting.

Mantell’s appointment follows her involvement in assisting with the Investec Credit Risk Team on a consultancy basis, supporting them in recently winning the ‘Credit Risk Team of the Year’ at the 2014 Credit Today Awards.

Andy Higgins, head of credit at Investec Asset Finance, said: “We are delighted that Jane has joined the team. She has already helped to ensure we have an award winning Credit Risk Team and her industry experience and expertise will be invaluable in helping the team embed business intelligence in everything we do and move from strength to strength.”

Mantell added: “I’m pleased to be joining Investec Asset Finance on a permanent basis at such an exciting time. I’ve already worked closely with the team and am looking forward to continuing to deliver progressive credit risk solutions in the future.”

[Credit Today]