Karl Werner and Mark Standish have been promoted at MotoNovo following a leadership restructure.
Motonovo said the restructuring will enable it to grow the business to 1000 people and move into different financial markets.
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Standish has appointed group chief executive officer, while Werner has been named divisional motor chief executive officer for the lender.
According to a statement from the company, motor will remain a core part of the wider business. In order to deliver on these plans, the new divisional structure will have a sales and marketing focus.
Chris Rowthorn has been named divisional chief operating officer.
Werner said: "I’m delighted by the team we have in Motor and the opportunity to take it to the next level. I already know there are exciting times ahead. We can already see that our new approach is making a measurable improvement in finance performance at dealer level. Now, we are ready to do even more with even more dealers."
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