MOTONOVO Finance has appointed Karl Werner as its new Managing Director. He replaces long-serving CEO Mark Standish who has decided to leave the business having overseen the integration of MotoNovo within parent Aldermore Group.

Having led MotoNovo for more than 22 years, taking the organisation from under 1% market share to over 20%, Standish has opted to pursue career opportunities outside the business.

Standish said: “I am enormously proud of what MotoNovo has achieved and of the people who have been part of the journey. From serving 12,000 customers in 1999 to 530,000 in 2021. From a team of 65 to 780 today, leading MotoNovo has been an incredible privilege.”

As a long-serving member of the MotoNovo leadership team and regular industry commentator and speaker, Werner’s appointment ensures a natural continuity of the business’s commitment to customer and dealer centricity and to further growth.

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