INTELLIGENT Car Leasing (ICL), has appointed well-known broker industry figure, Chris Smith, as its new commercial director.
Broker ICL, headquartered in Glasgow with its owners Fleet Alliance, currently targets private customers and SMEs. It operates independently of the main Fleet Alliance business.
Smith, 58, is vastly experienced: he has more than 37 years’ experience in the leasing and finance sector, and joins from Manchester-based broker Leasing Options where he was operations director.
In his new role as ICL’s commercial director, Chris Smith is tasked with growing the business.
“Basically, I will be responsible for running the business, which is still in its comparative infancy in the personal leasing and SME sector but which we plan to build into a major player,” he said.
“The broker channel is now very mature and it has become a legitimate volume channel for the vehicle manufacturers and funders, having seen rapid growth in recent years.
“As a sector, it has become increasingly professional, innovative and dynamic, and we have witnessed a dramatic increase in personal contract hire. This has now become a major product which people use to acquire new cars and the broker sector has seen massive growth from private individuals as a result.
“I think this trend will continue, not only as more people move out of company cars and acquire their own cars through personal leasing contracts, but also as consumers increasingly use this method for their new vehicle requirements.”
Intelligent Car Leasing is an official supplier to Celtic Football Club. ICL supplies the club with vehicles for staff usage as well as sponsoring various aspects of operations and match day events.