back to summary | previous article | next article

19 August 2011

Lindsay Town appointed Chairman of the Board of The Asset Works

The Asset Works, a global leader in leased asset management and verification services, is pleased to announce the appointment of Lindsay Town as non-executive Chairman.

In his role, Lindsay will provide The Asset Works’ board with in-depth leasing industry knowledge, insight and expertise to assist with strategic direction and market positioning of the business.

A frequent public speaker, Lindsay brings with him over 35 years of experience in leasing and financial services having previously served on the boards of both Bank of Scotland Corporate and the Finance & Leasing Association. Lindsay is also currently managing director of advisory company, Kent Asset Solutions.

Lindsay began his career at North West Securities before joining Barclays Mercantile in 1978, followed by subsequent moves to Security Pacific, Canadian Imperial Bank of Commerce, Lloyds TSB and PricewaterhouseCoopers. Lindsay was then headhunted to join Halifax (now HBOS) to lead and build a new Asset Finance business and was promoted to the board of Bank of Scotland, Corporate in October 2006.

David de Silva, director & co-founder of The Asset Works, commented: “It’s a real coup for us to be able to welcome Lindsay as our new Chairman. Lindsay is rightly regarded as a prominent leader in the leasing industry and will be invaluable to us as we continue to build our business. He is a brilliant, clear thinking businessman, and his knowledge and expertise in strategy and leasing will be crucial to our ongoing expansion.”

Lindsay Town, added: "It’s an exciting time to be joining The Asset Works’ board, both in terms of the company’s stage of development and in terms of its relevance to the asset finance industry. After much development, the company has launched a number of innovative new technology services enabling lessors to streamline their asset management processes and improve the integrity of their asset data, whilst at the same time significantly reducing both costs and helping to reduce instances of fraud.”

For the latest leasing and financing news, please visit the CCR Magazine website.