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V12 Vehicle Finance (V12VF) has named David Nield as its new managing director, replacing David Mercer.
Nield brings more than 25 years of experience in the finance industry to the role, including senior positions at Barclays, Iveco Capital Europe and GE Capital Motor Finance.
He was formerly Secure Trust Bank’s chief operating officer, a role he held for eight years having worked for the business since July 2009.
In his new role as managing director of V12VF, Nield takes over leadership of the Vehicle Finance business, working closely with Secure Trust Bank’s board as the company accelerates its growth ambitions.