Centeca has announced the appointment of Jesper With-Fogstrup as its new group CEO.
The automative finance, retail technology and compliance services group, previously known as Evolution Funding Group, owns brands including Evolution Funding, Click Dealer, Motion Finance, Creditas Financial Solutions and Automotive Compliance.
With-Fogstrup (pictured, left) is said to bring extensive experience in technology, AI and business transformation to his new role. He was most recently group CEO at Moneypenny, which introduced AI voice agents and receptionists alongside its people-led services during his tenure, and previously led the development of property technology business Smoove into a digital platform.
Ensure you always get AM insight. Make us a preferred source of news on Google.
With-Fogstrup takes over the role of Centeca group CEO from Lee Streets (pictured, right), who moves to become group chair and will remain closely involved in the business, supporting With-Fogstrup and the leadership team. The appointments are subject to FCA approval.
New CEO sees ‘significant opportunity’ for business
With-Fogstrup said: “Centeca’s market position, strategy and potential made this a hugely exciting opportunity. Lee and the team have built a strong business, with specialist expertise and relationships that matter across automotive commerce.
“I see significant opportunity to build on those foundations: helping dealers operate more efficiently, connecting them with lenders and making the experience simpler for customers.
“Technology has an important role to play, alongside the knowledge and commitment of our people. I look forward to meeting colleagues across the group, listening and learning as we shape that future together.”
Streets said: “I am incredibly proud of what our people have built across the brands that make up Centeca. We attracted an exceptionally strong field of candidates, reflecting the strength of the group and the opportunity ahead.
“Jesper brings the experience of scaling technology businesses that will help us build on that success and deliver our vision faster.
“As group chair, I am excited to remain part of a business that means so much to me, working alongside Jesper as he brings his experience and fresh perspective to Centeca.”