Prestige motor finance broker Oracle Asset Finance has appointed Mark Catton as chief executive officer.

Catton has held positions at Direct Line Group, Barclays, and Natwest, and will join Oracle from RBS where he served as chief executive of its UK corporate banks.

"I am delighted to be joining Oracle and look forward to leading the business through its next phase of development and growth," Catton said.

"Having spent so much of my career in large companies I have looked at taking on a new challenge," Catton added.

Catton will join the car financers on 1st September upon approval from the Financial Conduct Authority (FCA).