Investec appoints Ingram to asset finance and leasing role
Investec Bank (Australia) has appointed Matt Ingram as the company's new head of asset finance and leasing.
Ingram will be tasked with creating an innovative offering in a market that has very little diversification and is dominated by the major banks, according to Investec Capital Markets head Milton Samios.
"Limited innovation has taken place in the industry and the breadth of asset classes being leased is very restrictive," Samios said.
Investec's previous expertise in asset leasing include deals with medical and dental companies through Investec Professional Finance, along with the Investec Global Aircraft Fund.
"It makes a significant difference to a company's profitability if it can get leasing services that match its business operations, and leasing products that match the lifespan of its equipment," Ingram said.
Banks need to have an understanding of the value of the asset being leased - something that Ingram felt was missing from the current offerings in the market.
"There is an enormous opportunity for a specialist bank like Investec to deliver all segments of the leasing market something they have never seen before," he said.
Ingram has 20 years experience in the asset finance and leasing industries in Australia and Europe. His previous position was group executive of Alleasing across Australia and New Zealand.
Recommended for you
Assets held by Australia’s wealthy have reached record levels as Trump’s tariff shock triggered investor concern surpassing Covid-era highs.
APRA’s executive director has urged super funds to strengthen leadership, operational resilience and member focus as public trust in the system faces fresh challenges.
The firm has appointed Aware Super’s Damian Graham as group chief investment officer to unify its life and funds management teams.
Ethical super fund Australian Ethical has announced the appointment of Anthony Lane as chief operating officer.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
211.16 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
