Aldermore appoints Richard Jones from Lloyds Bank to lead MotoNovo Finance

Source: Aldermore

Aldermore, the specialist lending and savings bank, has appointed Richard Jones to be the new Managing Director of its MotoNovo Finance business.

MotoNovo - which is based in Cardiff - helps thousands of people to buy their next car, van or motorcycle, by offering finance through trusted dealerships across the UK.

Richard joins from Lloyds Banking Group where hes been CEO of their Motor Finance and Leasing businesses since 2018, which encompasses the market leading Black Horse and Lex Autolease brands and online car finance.

Richard has enjoyed a long and varied career at Lloyds Banking Group since joining on their graduate finance programme. He has held a range of senior roles across the Group and was promoted to run the combined motor businesses after first successfully running Black Horse from 2015.

Prior to this, he held several senior positions in the Groups insurance division where he was an Executive Director from 2010 to 2015 and a member of the Insurance Executive team. He led a number of business areas over that time including Life Assurance, Individual and Corporate Pensions, Investments and Retirement Planning.