LeasePlan Corporation has appointed a chief financial officer (CFO) and a chief risk officer (CRO) to its managing board, effective immediately.

CFO Gijsbert de Zoeten stepped up from senior vice president for Finance, a role he had held since joining LeasePlan in 2016. He previously held various finance positions at Unilever.

CRO Franca Vassen comes from Rabobank’s DLL, where she also was CRO as well as executive vice president. Throughout her career, she held risk management positions at ABN Amro, Fortis and ING.

The two roles were split from the original chief financial and risk office (CFRO) position, which was held for 10 years by Guus Stoelinga before he decided in March to end his 25-year tenure at LeasePlan. The company said it considered it “essential” to have dedicated CRO and CFO functions “to prepare for [LeasePlan’s] next stage of development.”

Stoelinga will keep providing advice and support to the managing board until May 1, 2018.

LeasePlan’s chief executive officer, Tex Gunning, said: “Becoming more competitive in terms of cost, service and speed to market, while ensuring the effective management of risk and compliance, are crucial enablers of our what’s next journey. I am therefore delighted to welcome both Gijsbert and Franca to the LeasePlan managing board. Together, they will ensure we deliver what’s next in the key areas of finance, risk and compliance, and help take LeasePlan to its next stage of development and sustainable growth.

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“I’m also proud to say that, following these new appointments, LeasePlan has one of the most diverse senior management teams in the Netherlands. Finally, I would like to thank Guus for his many valuable and significant contributions to the managing board and to LeasePlan. He has been instrumental to LeasePlan’s success over his 25 years of service and we wish him well for the future.”